Barnes Mill Road & I-75 Richmond, KY 40475

Richmond Centre is a 685,000 SF regional shopping center anchored by Meijer, JCPenney, Belk, Cinemark, T.J. Maxx, HomeGoods, Ulta, Dick’s Sporting Goods and Michaels. Located directly off I-75 at Exit 87, 21 miles south of Lexington, the center benefits from an average daily traffic count of +/-62,637 ('19) ADT on I-75. Richmond Centre is the dominant retail development in the market and the largest center on I-75 between Lexington, KY and Knoxville, TN. Situated in Richmond/Madison County, one of the fastest growing communities in Kentucky, the 119-acre retail center serves as the premier shopping, dining and entertainment venue in south, central Kentucky. Richmond’s location makes it the regional hub with the natural trade area extending significantly to the south and east, serving as the business, healthcare and educational center for parts of an eight-county area with a trade area in excess of 200,000 people. Within 10 miles of the subject site, the average household income is $79,290, with nearly 21.2% having a Bachelor’s or more advanced degree. A recent study found that as much as 59% of retail shoppers and restaurant patrons come from outside of Madison County. Richmond is home to Eastern Kentucky University, which has a student enrollment of 14,465, as well as 1,600 employees. The site has excellent visibility from I-75 with nearly one mile of frontage. Access is from two signalized entrances on Barnes Mill Road (Eastern By-Pass) as well as two additional connections on Goggins Lane. Outparcels and building pads are available for sale, ground lease or built-to-suit for qualified tenants. NNN's are estimated to be $3.50 PSF.