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Highway Retail Space
For Lease
$12 SF/Yr Modified Gross

1122 US 127, Frankfort, KY 40601

30,508-square-foot retail space with direct access from US 127 South and CH-HIGHWAY COMMERCIAL zoning.

Space SizeContact for details
Days on Market546

Property Features for 1122 US 127

General Information

Standard status Active
Total Parking Spaces 21
Property subtype Retail
Zoning CH-HIGHWAY COMMERCIAL
Lease Type Modified Gross

Amenities

Water
Sewer
21 Parking Spaces

Spaces For Lease

at 1122 US 127 Contact us

Available Space $12/Mo

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Available Space $15/Mo

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Listing Agency: NAI Isaac
Listed By: Jamie Adams
Source: Kcrea.resimplifi
Added: Apr 21, 2025 Changed: Oct 14 Last Checked: Oct 16 at 5:42AM

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

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Investment Insights

Based on property information with market context.

This 30,508-square-foot retail space is positioned along US Highway 127 South in Frankfort and carries CH-HIGHWAY COMMERCIAL zoning. The property offers a substantial commercial footprint for retail operations, with access from one of the market’s primary thoroughfares.

The site is less than a mile from I-64, supporting regional access between Frankfort, Lexington, and Louisville. Nearby retailers include Walmart, Kroger, Lowe’s, Chick-fil-A, Advance Auto Parts, and Dairy Queen. The tenant is responsible for all utilities other than water.

Key Highlights

  • 30,508 square feet of retail space
  • CH‑HIGHWAY COMMERCIAL zoning
  • Directly off US Highway 127 South

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

455
Businesses Nearby

Demographics for 40601, KY

52,133
Population
24,224
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
93%
High-School Grad
217.5 sq mi
ZIP Area
240
Density / Sq Mi
$67,125
Median Household Income
$40,685
Median Earnings
$944
Median Rent
$199,900
Median Home Value

Market

Lease Benchmarks for Frankfort, KY

$13.1 /SF/Yr
Avg Asking Price
$1.58–$22 /SF/Yr
Price Range
30,876 SF
Avg Space Size

This space is priced 8% below the average of $13.1 /SF/Yr.

Vacancy Rate% for Retail in South region

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

Frequently Asked Questions

What type of property is this?
Retail space - 30,508-square-foot retail space with direct access from US 127 South and CH-HIGHWAY COMMERCIAL zoning.
Where is this retail space located?
The property is located at 1122 US 127 Frankfort, KY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 30,508 square feet of retail space; CH‑HIGHWAY COMMERCIAL zoning; Directly off US Highway 127 South
More about this property
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