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Grocery-Anchored Neighborhood Shopping Center
For Lease
$18 SF/Yr

11-26 Village Ln, Shelbyville, KY 40065

Retail leasing opportunities within a grocery-anchored center at a signalized intersection with multiple access points.

Space SizeContact for details
Days on Market1464

Property Features for 11-26 Village Ln

General Information

Standard status Active
Property subtype Retail
Zoning C
Lease Type NNN

Amenities

Water
Sewer

Spaces For Lease

at 11-26 Village Ln Contact us

Available Space $18/Mo

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Available Space $12/Mo

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Listing Agency: NAI Isaac
Listed By: Jamie Adams
Source: Kcrea.resimplifi
Added: Aug 31, 2022 Changed: Sep 2 Last Checked: Sep 1 at 3:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Isaac

Investment Insights

Based on property information with market context.

Village Plaza is a 94,588 SF neighborhood shopping center at 11-26 Village Ln in Shelbyville, Kentucky. The center is anchored by Save-A-Lot Grocery and Harbor Freight Tools, with a tenant mix spanning national, regional, and local retailers. Available spaces range from 1,050 SF to 7,354 SF, and the property is zoned C.

The center occupies the signalized intersection of US 60, also known as Midland Trail, and Mack Walters Road. Multiple entry points serve the property from both roads, while traffic on Midland Trail in front of the center is reported at 20,398 VPD. Shelbyville is positioned along I-64, with reported drive times of 25 minutes to Louisville, 25 minutes to Frankfort, and 45 minutes to Lexington.

Shelby County recorded a 13.2% increase in housing units from 2010 to 2020, representing approximately 2,200 additional homes.

Key Highlights

  • 94,588 SF grocery‑anchored neighborhood shopping center
  • 1,050 - 7,354 SF available for lease
  • Anchored by Save‑A‑Lot Grocery and Harbor Freight Tools

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center Electrical Service Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

695
Businesses Nearby
103k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 51% Dining 26% Home Improvements & Furnishings 9% Electronics 7%
Thorntons Shops & Services
17,192 visits/mo 0.4 miles
Speedway Shops & Services
12,758 visits/mo 0.2 miles
Harbor Freight Tools Home Improvements & Furnishings
8,798 visits/mo 0.1 miles
Dunkin' Donuts Dining
8,006 visits/mo 0.2 miles
The UPS Store Shops & Services
7,143 visits/mo 0.1 miles

Demographics for 40065, KY

32,729
Population
12,943
Households
2.5
Avg Household Size
37
Median Age
28%
College-Educated
85%
High-School Grad
167.5 sq mi
ZIP Area
195
Density / Sq Mi
$76,813
Median Household Income
$40,767
Median Earnings
$1,002
Median Rent
$254,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail leasing opportunities within a grocery-anchored center at a signalized intersection with multiple access points.
Where is this shopping center located?
The property is located at 11-26 Village Ln Shelbyville, KY.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 94,588 SF grocery‑anchored neighborhood shopping center; 1,050 - 7,354 SF available for lease; Anchored by Save‑A‑Lot Grocery and Harbor Freight Tools
More about this property
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