Building Details

Building Size 5,000 SF

Properties For Sale

at 11184 Kentucky 44

Suite 200

Size 1,458 SF

Term Negotiable

Contact us

Listed By: Zach Smith, CCIM Show Phone

Source: Naiglobal

Added: Nov 21, 2025 Changed: Oct 10 Last Checked: Oct 19 at 4:24AM

Report an Issue

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 Zach Smith, CCIM

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

New construction retail space is available for lease in Mount Washington. The property is situated in a busy area with a strong retail presence, offering excellent visibility in a high-traffic location. It is located near the intersection of US 31E/150 and KY Hwy 44, within a major retail corridor and directly adjacent to Bullitt East High School, which has 1,618 students. The location is also just minutes from downtown Mount Washington. The property is near a Kroger and numerous national retailers, providing maximum exposure to potential customers. The area's growing population and economy make it suitable for retailers looking to expand their presence in this market. The new construction includes a +/-5,000 SF retail building anchored by Jimmy John's. There is +/-1,458 SF of inline space available for lease. The site proposes 36 on-site parking spaces.

Key Highlights

• High‑traffic location in a major retail corridor near the intersection of US 31E/150 and KY Hwy 44.
• New construction retail space.
• Anchored by Jimmy John's.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$49,959

Suggested Prices Based on Cap Rates

Cap Rate 5%

$999,180 $999.2K

Cap Rate 7%

$713,700 $713.7K

Cap Rate 9%

$555,100 $555.1K

What to ask about pricing

Market Conditions

NOI Build-Up for 5,000 SF

Gross rent

$78.0K $15.60/SF

− Vacancy

−$6.6K −$1.33/SF

EGI

$71.4K $14.27/SF

− OpEx

−$21.4K −$4.28/SF

NOI

$50.0K $9.99/SF

Area

Bullitt County, KY

Vacancy

8.50%

Lease Rate

$15.60 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$999,180

Cap Rate 7%

$713,700

Cap Rate 9%

$555,100

Alternative Uses

Best Use

Retail

$713.7K

$624.5K – $832.7K (±1% cap)

NOI $49,959 @ 7.0% cap · market cap 166,530.00%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.05M

$922.3K – $1.23M (±1% cap)

NOI $73,786 @ 7.0% cap · market cap 245,953.33%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

115

Businesses Nearby

12k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 67% Dining 33%

Dollar General Shops & Services

7,347 visits/mo 0.3 miles

El Nopal Dining

3,956 visits/mo 0.3 miles

Enterprise Rent-A-Car Shops & Services

628 visits/mo 0.5 miles

Demographics for 40047, KY

23,597

Population

8,975

Households

2.6

Avg Household Size

39

Median Age

25%

College-Educated

93%

High-School Grad

29.9 sq mi

ZIP Area

789

Density / Sq Mi

$93,609

Median Household Income

$49,807

Median Earnings

$935

Median Rent

$259,600

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

Similar For Sale Nearby

See more

Multi-Building Retail Property

1925 N Bardstown Rd, Mount Washington, KY 40047

$550,000

6,426 SF

View details

Commercial Asset on Bardstown Road

519 N Bardstown Rd, Mount Washington, KY 40047

$550,000

870 SF

View details

10-Unit Apartment Building

430 Joy Ave, Mount Washington, KY 40047

$1,150,000

9,600 SF

View details

Frequently Asked Questions

What type of property is this?

Retail space - New construction retail space for lease in Mount Washington.

Where is this retail space located?

The property is located at 11184 Kentucky 44 Mount Washington, KY.

What are key features of this property?

This property features: High‑traffic location in a major retail corridor near the intersection of US 31E/150 and KY Hwy 44.; New construction retail space.; Anchored by Jimmy John's.