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Turn-Key Pharmacy Retail Space
For Lease
$2,750/Mo

2004 Merchant Drive, Richmond, KY 40475

COMMERCIAL - Richmond, KY

Space SizeContact for details
Lot Size1.16 Acres
Days on Market49

Property Features for 2004 Merchant Drive

General Information

Property type Commercial Lease
Property subtype Retail
Zoning B-2
Parking features Open
Subdivision Commercial
Directions Right next to Miller's Tire on Eastern Byp.
Standard status Active
APN 0068-008A-0003
Size 2,500 SF
Lot size 1.16 Acres

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Electric

Building Details

Year built 2007
Floors in Building 1
Listing Agency: Tom Harper and Associates
Listed By: Thomas M Harper · License #246019
Added: Jul 9 Changed: Aug 4 Last Checked: Aug 26 at 3:06AM
MLS# 26017142

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This turn-key pharmacy retail space is available for lease and offers a ready-to-occupy layout for pharmacy use, with the option to remodel for other retail concepts. The property includes a drive-through, supporting customer convenience and quick service workflows.

Located at 2004 Merchant Drive in Richmond, KY (Madison County), the space sits on the Eastern Bypass near Lake Reba and I-75. The offering notes high daily traffic counts on the Eastern Bypass.

The property is zoned B-2, providing flexibility for a range of retail and commercial uses consistent with the zoning classification.

Key Highlights

  • Pharmacy/retail space with a drive‑thru
  • On Eastern Bypass near Lake Reba and I‑75
  • Year built: 2007

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
Balanced
Demand for This Use

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

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Rotech of Richmond 6013 Atwood Dr Ste 200, Richmond, KY 40475
  • Sav-Rite Pharmacy Richmond 2002 merchant dr, richmond, ky 40475
  • Hometown Pharmacy Richmond 2002 Merchant Dr, Richmond, KY 40475

Frequently Asked Questions

What type of property is this?
Drug store - Turn-key pharmacy retail space with drive-through in B-2 zoning.
Where is this drug store located?
The property is located at 2004 Merchant Drive Richmond, KY.
What is the lease rate?
The lease rate is $2,750/Mo.
What are key features of this property?
This property features: Pharmacy/retail space with a drive‑thru; On Eastern Bypass near Lake Reba and I‑75; Year built: 2007
More about this property
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