Building Details

Building Size 1,880 SF

Year Built 1962

Listing Agency: High Point Realty & Auction

Listed By: Kenneth DeGrant · License #244885 Show Phone

Source: Bluegrasspropertiesgroup

Added: Feb 23, 2024 Changed: Nov 4 Last Checked: Nov 6 at 12:44AM

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Investment Insights

Based on property information with market context.

This 1,880-square-foot commercial space is available for lease and is zoned Commercial. The 1962-built property can accommodate retail or professional office use.

Located at 112-114 River Drive in Irvine, the property is in Kentucky’s 40336 ZIP code.

Key Highlights

• 1,880 square feet of retail or professional office space
• Commercial zoning
• Built in 1962

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Plumbing Service Bakery Garden Center (Bike/Boat/Book/etc) Store

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

$1.77 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

260

Businesses Nearby

Explore this area Business Placement

Demographics for 40336, KY

12,566

Population

6,030

Households

2.1

Avg Household Size

44

Median Age

10%

College-Educated

78%

High-School Grad

209.6 sq mi

ZIP Area

60

Density / Sq Mi

$45,060

Median Household Income

$31,618

Median Earnings

$672

Median Rent

$114,500

Median Home Value

Market

Lease Benchmarks for Irvine, KY

$9.2 /SF/Yr

Avg Asking Price

$6.5–$12 /SF/Yr

Price Range

4,595 SF

Avg Space Size

This space is priced 28% above the average of $9.2 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Similar For Rent Nearby

See more

Commercial-Zoned Retail Space

102 River Drive, Irvine, KY 40336

$900/Mo

900 sqft

View details

Open Retail Space

137 Main Street, Irvine, KY 40336

$1,400/Mo

1,103 sqft

View details

Retail Space with Storefront Windows

1016 Winchester Road, Irvine, KY 40336

$4,225/Mo

7,800 sqft

View details

Frequently Asked Questions

What type of property is this?

Retail space - The property offers 1,880 square feet for retail or professional office use.

Where is this retail space located?

The property is located at 112-114 River Drive Irvine, KY.

What is the lease rate?

The lease rate is $1,850/Mo.

What are key features of this property?

This property features: 1,880 square feet of retail or professional office space; Commercial zoning; Built in 1962