Grocery-Anchored Shopping
For Sale
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1224 Old Gallatin Road, Scottsville, KY 42164
Grocery-anchored shopping center anchored by Food Lion with a renewed lease through 2033.
Property Size31,800 SF
Price / SF$124.21
Days on Market98
Property Features for 1224 Old Gallatin Road
General Information
Standard status
Active
Size
31,800 SF
Class
A
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Net Operating Income
$266,572
Building Details
Year Built
1993
Year Renovated
2024
Stories
1
Tenancy
Multi
Listing Agency:
Legacy Realty Group Advisors, LLC
Listed By:
Jacob Baruch · License #NY
Source:
Crexi
Added: Jun 1
Changed: Aug 22
Last Checked: Sep 6 at 6:48PM
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 Legacy Realty Group Advisors, LLC
Investment Insights
Based on property information with market context.
Scottsville Shopping Center is a grocery-anchored retail center totaling approximately 31,800 square feet. The shopping center is anchored by Food Lion, which has operated at the site for more than three decades. Food Lion recently completed a 10-year lease renewal through 2033. The property also benefits from recent significant capital improvements intended to minimize near-term capital requirements.
Located along Gallatin Road in Scottsville, Kentucky, the center serves as a retail hub for Allen County. Scottsville Shopping Center sits strategically between Bowling Green and Nashville and is positioned to capture consistent daily traffic. The surrounding retail environment includes national and value-oriented brands such as Tractor Supply, Dollar General, Family Dollar, McDonald’s, Sonic, and Advance Auto Parts.
For investors or operators seeking a stable retail platform, the center’s primary draw is the long-standing Food Lion anchor and its renewed occupancy through 2033. The Food Lion tenancy is supported by reported performance, with Placer.ai indicating it ranks as the #1 most visited Food Lion in Kentucky. Combined with the property’s recent capital improvements, Scottsville Shopping Center offers a grocery-anchored structure designed to support long-term retail durability.
Located along Gallatin Road in Scottsville, Kentucky, the center serves as a retail hub for Allen County. Scottsville Shopping Center sits strategically between Bowling Green and Nashville and is positioned to capture consistent daily traffic. The surrounding retail environment includes national and value-oriented brands such as Tractor Supply, Dollar General, Family Dollar, McDonald’s, Sonic, and Advance Auto Parts.
For investors or operators seeking a stable retail platform, the center’s primary draw is the long-standing Food Lion anchor and its renewed occupancy through 2033. The Food Lion tenancy is supported by reported performance, with Placer.ai indicating it ranks as the #1 most visited Food Lion in Kentucky. Combined with the property’s recent capital improvements, Scottsville Shopping Center offers a grocery-anchored structure designed to support long-term retail durability.
Key Highlights
- Scottsville Shopping Center is a 31,800 SF grocery‑anchored shopping center on Gallatin Road in Scottsville, KY
- Anchored by Food Lion, operating at the site for over three decades and renewed for a 10‑year lease through 2033
- Food Lion ranks as the #1 most visited Food Lion in Kentucky (per Placer.ai)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
159
Businesses Nearby
53k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 53%
Home Improvements & Furnishings 17%
Dining 15%
Shops & Services 13%
Food Lion Grocery Store
Groceries
19,461 visits/mo
0.0 miles
Tractor Supply Co.
Home Improvements & Furnishings
8,826 visits/mo
0.2 miles
Save-A-Lot
Groceries
8,430 visits/mo
0.2 miles
Taco Bell
Dining
7,841 visits/mo
0.5 miles
Family Dollar
Shops & Services
3,842 visits/mo
0.4 miles
Demographics for 42164, KY
17,133
Population
7,683
Households
2.2
Avg Household Size
41
Median Age
17%
College-Educated
85%
High-School Grad
261.9 sq mi
ZIP Area
65
Density / Sq Mi
$58,336
Median Household Income
$36,759
Median Earnings
$747
Median Rent
$180,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Shopping center - Grocery-anchored shopping center anchored by Food Lion with a renewed lease through 2033.
Where is this shopping center located?
The property is located at 1224 Old Gallatin Road Scottsville, KY.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Scottsville Shopping Center is a 31,800 SF grocery‑anchored shopping center on Gallatin Road in Scottsville, KY; Anchored by Food Lion, operating at the site for over three decades and renewed for a 10‑year lease through 2033; Food Lion ranks as the #1 most visited Food Lion in Kentucky (per Placer.ai)
