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Drive-Through Retail Space
For Lease
$2,750/Mo

2004 Merchant Dr Unit 1, Richmond, KY 40475

Turn-key pharmacy space with adaptable retail layout and drive-through service capability.

Space SizeContact for details
Days on Market50

Property Features for 2004 Merchant Dr Unit 1

General Information

Standard status Active

Additional Details

Space Use Pharmacy
Drive-Thru Yes

Building Details

Year Built 2007
Listing Agency: Tom Harper and Associates
Listed By: Thomas M Harper · License #246019
Source: Sellkentucky
Added: Jul 12 Changed: Aug 29 Last Checked: Aug 29 at 10:22PM

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 Tom Harper and Associates

Investment Insights

Based on property information with market context.

This 2,500-square-foot retail space was built in 2007 and is configured for pharmacy use, with the potential for remodeling to accommodate other retail or commercial uses. A drive-through adds an additional customer-service feature to the existing layout.

The property is located on Eastern Bypass in Richmond, near Lake Reba and I-75. The site benefits from high daily traffic counts along Eastern Bypass and is positioned within an area described as experiencing business growth. The suite is identified as Unit 1 at 2004 Merchant Dr.

Key Highlights

  • 2,500‑square‑foot retail space
  • Built in 2007
  • Existing pharmacy configuration

Property Analytics

Current Use

Fit Kids Sports School Action Martial Arts ... Sports School

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency Hair Salon Building Supply Nail Salon

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
$1.98 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

275
Businesses Nearby
82k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 50% Apparel 30% Groceries 18% Home Improvements & Furnishings 2%
Kohl's Apparel
25,060 visits/mo 0.3 miles
Speedway Shops & Services
22,902 visits/mo 0.2 miles
Save-A-Lot Groceries
14,667 visits/mo 0.3 miles
Shell Shops & Services
10,843 visits/mo 0.1 miles
Guaranty Bank Shops & Services
3,118 visits/mo 0.4 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

Lease Benchmarks for Richmond, KY

$10.24 /SF/Yr
Avg Asking Price
$6.91–$13.2 /SF/Yr
Price Range
31,980 SF
Avg Space Size

This space is priced 29% above the average of $10.24 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Turn-key pharmacy space with adaptable retail layout and drive-through service capability.
Where is this retail space located?
The property is located at 2004 Merchant Dr Unit 1 Richmond, KY.
What is the lease rate?
The lease rate is $2,750/Mo.
What are key features of this property?
This property features: 2,500‑square‑foot retail space; Built in 2007; Existing pharmacy configuration
More about this property
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