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Anchored Retail Center Suite
For Lease
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1905 S Hurstbourne Pkwy, Louisville, KY 40220

Retail space within a center anchored by Michaels, Staples, and Petco, with national tenants including Five Below and Jersey Mike's.

Space SizeContact for details
Lot Size0.50 Acres
Days on Market56

Property Features for 1905 S Hurstbourne Pkwy

General Information

Standard status Active
Lot size 0.50 Acres
Property subtype LAND

Site & Location

Traffic Count 68,200 vehicles/day
Road Access Yes

Additional Details

Business Included No

Building Details

Tenancy Multi

Spaces For Lease

at 1905 S Hurstbourne Pkwy Contact us

1905 S Hurstbourne Pkwy

Type
LAND
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Anchored by Michaels, Staples and Petco - Other national tenants include Five Below...
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Contact us
Listing Agency: Phillips Edison & Company - Corporate
Listed By: Andy Schneider
Source: Moodyscre
Added: Jul 22 Changed: Sep 10 Last Checked: Sep 15 at 9:08AM

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 Phillips Edison & Company - Corporate

Investment Insights

Based on property information with market context.

This for-lease retail space is located within a shopping center anchored by Michaels, Staples, and Petco. The tenant mix also includes national brands such as Five Below and Jersey Mike's.

The property sits off S. Hurstbourne Parkway, with 68,200 AADT reported for the roadway. A population of more than 87,700 is noted within a three-mile radius.

The center’s existing retail tenant roster supports a diversified neighborhood shopping environment for incoming retail concepts that fit the space.

Key Highlights

  • Retail center anchored by Michaels, Staples, and Petco
  • Additional national tenants include Five Below and Jersey Mike's Subs
  • Located off S. Hurstbourne Parkway (68,200 AADT)

Property Analytics

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Current Use

Raising Cane's Chicken ... Restaurant

Suggested Use

Top Pick Garden Center Storage Facility (Bike/Boat/Book/etc) Store Home Appliance Store Travel Agency Plumbing Service

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

68,200 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,082
Businesses Nearby
435k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 40% Shops & Services 29% Groceries 19% Electronics 4%
Kroger Groceries
63,137 visits/mo 0.5 miles
Raising Cane's Chicken Fingers Dining
41,056 visits/mo 0.0 miles
Michaels Shops & Services
34,572 visits/mo 0.1 miles
Five Below Shops & Services
21,183 visits/mo 0.1 miles
Half Price Books Shops & Services
20,030 visits/mo 0.1 miles

Demographics for 40220, KY

34,315
Population
16,019
Households
2.1
Avg Household Size
39
Median Age
44%
College-Educated
96%
High-School Grad
7.7 sq mi
ZIP Area
4,456
Density / Sq Mi
$73,502
Median Household Income
$47,283
Median Earnings
$1,187
Median Rent
$249,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Louisville, KY

$20.5 /SF/Yr
Avg Asking Price
$6–$58 /SF/Yr
Price Range
52,934 SF
Avg Space Size

Vacancy Rate% for Retail in Louisville, KY

5.4% 2019
5.4% 2020
4.7% 2021
4.8% 2022
5.1% 2023
4.2% 2024
4.8% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail space within a center anchored by Michaels, Staples, and Petco, with national tenants including Five Below and Jersey Mike's.
Where is this shopping center located?
The property is located at 1905 S Hurstbourne Pkwy Louisville, KY.
What are key features of this property?
This property features: Retail center anchored by Michaels, Staples, and Petco; Additional national tenants include Five Below and Jersey Mike's Subs; Located off S. Hurstbourne Parkway (68,200 AADT)
(513) 540-1403 Call to check price and availability
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