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Retail Suite Near I-75 Exit
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116 Meridian Way, Richmond, KY 40475

Lease a retail suite with reception, open areas, break room, offices, and two restrooms within a multi-building center.

Space Size1,500 SF
Property Size13,500 SF
Days on Market198

Property Features for 116 Meridian Way

General Information

Standard status Active
Size 1,500 SF
Property subtype Street Retail
Lease Type NNN

Site & Location

Traffic Count 11,791 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Building Size 13,500 SF
Tenancy Multi

Spaces For Lease

at 116 Meridian Way Contact us

Suite 4

Size
1,500 SF
Lease Type
NNN
Contact us
Listing Agency: NAI Isaac
Listed By: Jim Kemper · License #42721
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 25 Last Checked: Jul 23 at 6:39PM

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

Investment Insights

Based on property information with market context.

Heritage Place offers a three-building retail/service center with an available suite in Building One. Suite 4 provides approximately 1,500 square feet and includes a reception area, two large open areas, a break area with sink, offices, and two restrooms.

The center is directly off I-75 at Exit 87 and is across from Richmond Centre. It is located within about two minutes of I-75, with traffic counts reported at approximately 11,791 VPD on Barnes Mill Road and 69,445 VPD on I-75.

Nearby retail includes Meijer, TJ Maxx, HomeGoods, Dick’s Sporting Goods, Ulta, JCPenney, Belk, and Cinemark, while area restaurants include Starbucks, Panera, Olive Garden, First Watch, Logan’s Roadhouse, Chick-Fil-A, Culver’s, and Texas Roadhouse.

Key Highlights

  • +/-1,500 SF retail/service suite for lease in a three‑building retail/service center
  • Suite 4 includes reception, 2 large open areas, break room with sink, offices, and 2 restrooms
  • Centrally located across from Richmond Centre and within 2 minutes of I‑75 Exit 87 off Barnes Mill Road

Property Analytics

Current Use

Pool Connections (Bike/Boat/Book/etc) Store Lynn Collins Physician Kari Wickstrom Physician SWELLA BINGHAM, RE/MAX ... Real Estate Agency Stephanie Hembree, Realty ... Real Estate Agency

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Storage Facility HVAC Service Pharmacy

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

11,791 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

282
Businesses Nearby
509k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 38% Shops & Services 21% Groceries 15% Apparel 14%
Meijer Groceries
74,379 visits/mo 0.2 miles
Raising Cane's Chicken Fingers Dining
40,803 visits/mo 0.2 miles
DICK'S Sporting Goods Apparel
35,379 visits/mo 0.5 miles
Circle K Shops & Services
26,097 visits/mo 0.4 miles
Culver's Dining
25,620 visits/mo 0.2 miles

Demographics for 40475, KY

62,531
Population
28,118
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
93%
High-School Grad
287.3 sq mi
ZIP Area
218
Density / Sq Mi
$62,731
Median Household Income
$35,102
Median Earnings
$863
Median Rent
$232,700
Median Home Value

Market

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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Frequently Asked Questions

What type of property is this?
Strip mall - Lease a retail suite with reception, open areas, break room, offices, and two restrooms within a multi-building center.
Where is this strip mall located?
The property is located at 116 Meridian Way Richmond, KY.
What are key features of this property?
This property features: +/-1,500 SF retail/service suite for lease in a three‑building retail/service center; Suite 4 includes reception, 2 large open areas, break room with sink, offices, and 2 restrooms; Centrally located across from Richmond Centre and within 2 minutes of I‑75 Exit 87 off Barnes Mill Road
More about this property
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