Listing Agency: Commercial Kentucky, Inc.

Listed By: Craig Collins Show Phone

Source: Kcrea.resimplifi

Added: Aug 27, 2020 Changed: Oct 10 Last Checked: Oct 19 at 3:14AM

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Investment Insights

Based on property information with market context.

Retail space is available in the Springs Shopping Center on Breckenridge Lane in St. Matthews, Kentucky. The property is located at I-264 and offers high traffic counts and favorable demographics. The property features front door parking and is positioned in front of Hobby Lobby, Books a Million, and Home Depot. The property has a size of 1737 square feet.

Key Highlights

• High traffic location on Breckenridge Lane at I‑264
• Unbeatable front door parking
• Located in Springs Shopping Center

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Restaurant Auto Parts Store HVAC Service

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

Location Intelligence

Trade Area within ½ mile

3,732

Businesses Nearby

350k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 60% Shops & Services 27% Home Improvements & Furnishings 12% Beauty & Spa 1%

Hobby Lobby Shops & Services

50,842 visits/mo 0.1 miles

The Home Depot Home Improvements & Furnishings

41,189 visits/mo 0.2 miles

Chick-fil-A Dining

38,977 visits/mo 0.1 miles

McDonald's Dining

30,638 visits/mo 0.1 miles

Panera Bread Dining

22,023 visits/mo 0.1 miles

Demographics for 40207, KY

30,104

Population

14,507

Households

2.1

Avg Household Size

43

Median Age

68%

College-Educated

98%

High-School Grad

11.7 sq mi

ZIP Area

2,573

Density / Sq Mi

$98,583

Median Household Income

$59,242

Median Earnings

$1,248

Median Rent

$401,500

Median Home Value

Market

Lease Benchmarks for Saint Matthews, KY

$20.97 /SF/Yr

Avg Asking Price

$6–$58 /SF/Yr

Price Range

51,477 SF

Avg Space Size

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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Similar Off Market Nearby

• LAKEVIEW OFFICE PARK — 100 Mallard Creek Rd, Louisville, KY 40207

Frequently Asked Questions

What type of property is this?

Shopping center - Retail space in Springs Shopping Center on Breckenridge Lane.

Where is this shopping center located?

The property is located at 970-974 Breckenridge Ln Saint Matthews, KY.

What are key features of this property?

This property features: High traffic location on Breckenridge Lane at I‑264; Unbeatable front door parking; Located in Springs Shopping Center