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Fully Leased Retail Strip Center
For Sale
Contact for pricing
Pending

2007 S Hwy 27, Somerset, KY 42501

Recently delivered center positioned along a high-traffic retail corridor with signalized access and established national anchors nearby.

Property Size6,930 SF
Days on Market142

Property Features for 2007 S Hwy 27

General Information

Standard status Pending
Size 6,930 SF
Property subtype Retail
Occupancy 100%

Site & Location

Corner Location Yes
Traffic Count 26,800 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Built 2016
Buildings 1
Tenancy Multi
Listing Agency: Cushman & Wakefield Commercial Kentucky
Listed By: Austin English · License #KY 271161
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 31 at 12:25AM

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 Cushman & Wakefield Commercial Kentucky

Investment Insights

Based on property information with market context.

This 6,930 SF retail strip center was delivered in late 2016 and is 100% occupied by three Amazon proof tenants. Each tenant has multiple options of term remaining, providing established occupancy across the center. Abundant parking supports the property’s retail configuration.

The property is located along S Hwy 27 in Somerset, within a major retail corridor anchored by Lowe’s and Walmart. A signalized entrance at Washington Dr. and Highway 27 provides ingress and egress, while daily traffic on Highway 27 exceeds 26,800. The center also benefits from nearby retail activity, including an anchored center across Hwy 27 with Ross and Bealls and a Best Western Inn directly southeast.

Key Highlights

  • 6,930 SF retail strip center delivered in late 2016
  • 100% occupied by three Amazon proof tenants
  • Each tenant has multiple options of term left

Property Analytics

Current Use

Kay Jewelers (Bike/Boat/Book/etc) Store Visionworks Doctors of Optometry Physician Bailey Kate Boutique Clothing & Fashion Store Sassy Southern Outfitters Clothing & Fashion Store

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service Storage Facility Kitchen & Bath Showroom Computer & Electronic Repair Carpet & Flooring 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

26,800 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

336
Businesses Nearby
474k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 35% Superstores 25% Shops & Services 15% Apparel 13%
Walmart Superstores
120,188 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
42,967 visits/mo 0.2 miles
Chick-fil-A Dining
38,659 visits/mo 0.4 miles
Ross Dress for Less Apparel
30,716 visits/mo 0.1 miles
Cracker Barrel Old Country Store Dining
28,150 visits/mo 0.1 miles

Demographics for 42501, KY

18,047
Population
8,039
Households
2.2
Avg Household Size
43
Median Age
17%
College-Educated
84%
High-School Grad
199.7 sq mi
ZIP Area
90
Density / Sq Mi
$49,449
Median Household Income
$38,121
Median Earnings
$808
Median Rent
$131,400
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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Frequently Asked Questions

What type of property is this?
Strip mall - Recently delivered center positioned along a high-traffic retail corridor with signalized access and established national anchors nearby.
Where is this strip mall located?
The property is located at 2007 S Hwy 27 Somerset, KY.
What are key features of this property?
This property features: 6,930 SF retail strip center delivered in late 2016; 100% occupied by three Amazon proof tenants; Each tenant has multiple options of term left
(502) 719-3221 Call to check price and availability
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