Retail Space in High-Traffic
For Lease
$8.50 SF/Yr
5518 New Cut Road, Louisville, KY 40214
Retail space available in a popular Louisville shopping center.
Space SizeContact for details
Property Size27,347 SF
Days on Market192
Property Features for 5518 New Cut Road
General Information
Standard status
Active
Size
27,347 SF
Property subtype
Retail
Building Details
Year Built
1964
Listing Agency:
(502) 292-5460
Listed By:
Will Duncan · License #KY #187073
(502) 292-5460
Source:
Corfac
Added: Jan 26
Changed: Jul 10
Last Checked: Aug 6 at 4:34AM
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 Will Duncan
Investment Insights
Based on property information with market context.
This retail space is located within a popular shopping center totaling 165,000 square feet, situated at the intersection of New Cut Road and Third Street Road. Available as of February 28, 2025, the space includes an additional 1,590 square feet mezzanine. The location benefits from high visibility at the corner of New Cut Road and Third Street Road. The surrounding area within a one-mile radius features a population of 12,500, an average income of $60,000, and a traffic count of 25,000. The center is currently home to tenants such as Kroger, Dollar Tree, PNC Bank, Rally's, Little Caesars, Chase Bank, Wingstop, and Benchmark Physical Therapy, along with other neighborhood services. The property offers a spacious and versatile floor plan, ample parking for both employees and visitors, and well-maintained landscaping and exterior. It also benefits from proximity to major transportation routes. The property is located in a prime location in Louisville, KY.
Key Highlights
- High traffic count of 25,000 and excellent visibility at the corner of New Cut Road and Third Street Road.
- Located in a prime location in Louisville, KY.
- Anchored by major tenants including Kroger, Dollar Tree, and national banks.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.28 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
196k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 27%
Groceries 22%
Superstores 9%
Kroger
Groceries
43,897 visits/mo
0.2 miles
McDonald's
Dining
25,844 visits/mo
0.1 miles
Big Lots
Superstores
16,833 visits/mo
0.1 miles
Speedway
Shops & Services
15,193 visits/mo
0.2 miles
Dollar Tree
Shops & Services
14,920 visits/mo
0.1 miles
Demographics for 40214, KY
46,220
Population
20,459
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
85%
High-School Grad
15.0 sq mi
ZIP Area
3,081
Density / Sq Mi
$53,563
Median Household Income
$37,121
Median Earnings
$950
Median Rent
$176,700
Median Home Value
Market
Vacancy Rate% for Retail in Louisville, KY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail space available in a popular Louisville shopping center.
Where is this shopping center located?
The property is located at 5518 New Cut Road Louisville, KY.
What is the lease rate?
The lease rate is $8.50 SF/Yr.
What are key features of this property?
This property features: High traffic count of 25,000 and excellent visibility at the corner of New Cut Road and Third Street Road.; Located in a prime location in Louisville, KY.; Anchored by major tenants including Kroger, Dollar Tree, and national banks.
