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Anchored Strip Mall
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2475 Lakeway Drive, Russell Springs, KY 42642

Retail center positioned at a major highway intersection with established grocery and discount retail anchors.

Space Size3,600 SF
Days on Market38

Property Features for 2475 Lakeway Drive

General Information

Standard status Active
Size 3,600 SF
Property subtype Retail - Strip

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 3,600 SF

Spaces For Lease

at 2475 Lakeway Drive Contact us

Unit 22 (Outparcel)

Size
3,600 SF
Type
Restaurant
Rate
Contact for pricing
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Carolina Commercial
Listed By: Mishelle Conti · License #RB14044614
Source: Commercialcafe
Added: Jul 26 Changed: Aug 30 Last Checked: Aug 31 at 1:43PM

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 Carolina Commercial

Investment Insights

Based on property information with market context.

Key Village Shopping Center is a retail property at 2475 Lakeway Drive in Russell Springs, Kentucky. Roses Express and Price Less IGA serve as the center’s named anchor tenants, supporting a shopping environment oriented toward everyday retail needs.

The property occupies the intersection of U.S. Highway 127 and Highway 80, connecting it with a primary commercial corridor in the area. Russell County’s employment base includes manufacturing, healthcare, and retail, with Stephens Pipe & Steel and Motherson identified among local employers. The center is also near Lake Cumberland, a regional tourism destination that contributes seasonal visitor activity. The property is positioned for retailers and service providers seeking a presence within an established shopping center setting.

Key Highlights

  • Roses Express and Price Less IGA are named anchor tenants
  • At the intersection of U.S. Highway 127 and Highway 80
  • Located at 2475 Lakeway Drive in Russell Springs, KY 42642

Property Analytics

Current Use

Huddle House Restaurant Taco Bell Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Florist Garden Center Big Box & Wholesale Store Pet Store & 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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby
158k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 33% Dining 32% Groceries 24% Home Improvements & Furnishings 8%
Kroger Groceries
24,787 visits/mo 0.3 miles
McDonald's Dining
22,082 visits/mo 0.4 miles
Kroger Fuel Center Shops & Services
17,000 visits/mo 0.5 miles
Bargain Hunt Shops & Services
15,070 visits/mo 0.4 miles
Wendy's Dining
10,531 visits/mo 0.4 miles

Demographics for 42642, KY

12,939
Population
6,453
Households
2
Avg Household Size
42
Median Age
15%
College-Educated
83%
High-School Grad
140.2 sq mi
ZIP Area
92
Density / Sq Mi
$54,100
Median Household Income
$36,281
Median Earnings
$686
Median Rent
$138,700
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
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail center positioned at a major highway intersection with established grocery and discount retail anchors.
Where is this strip mall located?
The property is located at 2475 Lakeway Drive Russell Springs, KY.
What are key features of this property?
This property features: Roses Express and Price Less IGA are named anchor tenants; At the intersection of U.S. Highway 127 and Highway 80; Located at 2475 Lakeway Drive in Russell Springs, KY 42642
More about this property
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