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Highway-Frontage Retail Space

2007 S Highway 27 #B, Somerset, KY 42501

For Lease
$3,200/Mo

A unit in a strip center offers on-site parking and direct positioning across from Lowe’s.

Space Size1,500 SF
Property Size1,547 SF
Days on Market124

Property Features for 2007 S Highway 27 #B

General Information

Standard status Active
Size 1,500 SF
Net Rentable 1,500 SF
Zoning B-1, Commercial Retail
Lease Term 5 Year

Space & Availability

Available Space 1,500 SF
Contiguous Space 1,500 SF
Space Use Retail

Site & Location

Highway Access Yes
Road Access Yes

Amenities

Ample on-site parking
Excellent signage opportunities

Building Details

Building Size 1,547 SF
Year Built 2016
Tenancy Multi
Listing Agency: No Wake Real Estate
Listed By: HG Hickey III · License KY #265748
Source: Bluegrasspropertiesgroup
Added: Jul 10 Changed: Nov 4 Last Checked: Nov 9 at 11:29PM

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 No Wake Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 1,547-square-foot retail unit is part of a strip center built in 2016 and is zoned B-1, Commercial Retail. The space is available for lease and is suited to retail or professional use.

The property fronts Highway 27 in Somerset, directly across from Lowe’s. On-site parking and signage opportunities are available, with neighboring businesses established in the surrounding commercial area.

Key Highlights

  • 1,547 square feet in a strip center built in 2016
  • B‑1, Commercial Retail zoning
  • Highway 27 frontage in Somerset

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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 Building Supply Big Box & Wholesale Store Electrical Service Storage Facility Kitchen & Bath Showroom Garden Center

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.72 /SF/Yr
CAM

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Somerset, KY

$75.57 /SF/Yr
Avg Asking Price
$3.3–$504 /SF/Yr
Price Range
3,228 SF
Avg Space Size

This space is priced 67% below the average of $75.57 /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

Frequently Asked Questions

What type of property is this?
Retail space - A unit in a strip center offers on-site parking and direct positioning across from Lowe’s.
Where is this retail space located?
The property is located at 2007 S Highway 27 #B Somerset, KY.
What is the lease rate?
The lease rate is $3,200/Mo.
What are key features of this property?
This property features: 1,547 square feet in a strip center built in 2016; B‑1, Commercial Retail zoning; Highway 27 frontage in Somerset
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