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Anchored Shopping Center
For Lease
$14-$20 SF/Yr

250 Pinecrest Dr, Morehead, KY 40351

Retail leasing options include small-shop suites and larger anchor space within an established commercial center.

Space Size1,200 SF - 20,125 SF
Property Size178,448 SF
Days on Market393

Property Features for 250 Pinecrest Dr

General Information

Standard status Active
Size 1,200 SF - 20,125 SF
Net Rentable 1,200 SF
Property subtype Retail
Zoning Commercial
Lease Type NNN

Space & Availability

Available Space 1,200-20,125 SF
Contiguous Space 20,125 SF
Space Use Retail

Lease Terms

Lease Rate $20 /USD/SF/YR
Rent per SF/Year $14-$20

Site & Location

Corner Location Yes
Anchor Co-Tenants Peddlers Mall, HomeBuys, Tractor Supply
Traffic Count 52,289 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Building Size 178,448 SF
Tenancy Multi

Spaces For Lease

at 250 Pinecrest Dr Contact us

Available Space $14/Mo

Contact us

Available Space $8/Mo

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Listing Agency: NAI Isaac
Listed By: Zach Smith · License #30436
Source: Kcrea.resimplifi
Added: Aug 4, 2025 Changed: Aug 29 Last Checked: Aug 30 at 1:01PM

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 NAI Isaac

Investment Insights

Based on property information with market context.

Pinecrest Plaza is a +/-178,448 SF shopping center offering a range of retail leasing configurations. Available options include +/-1,200–2,500 SF small-shop suites and approximately 20,125 SF of anchor space. The center is anchored by Peddlers Mall, HomeBuys, and Tractor Supply, with additional area retailers including Kroger, Walmart, Lowe’s, Five Below, Bealls, Cracker Barrel, Starbucks, and McDonald’s.

The property is positioned at Flemingsburg Road (KY 32) and I-64, with direct access from Exit 137. The intersection carries a combined traffic count of +/-52,289 VPD and the center is across from Kroger, Walmart, Lowe’s, and several hotels. Morehead State University is 3.5 miles away, while St. Claire Regional Medical Center is 2.8 miles from the property.

Key Highlights

  • +/-178,448 SF shopping center
  • +/-1,200–2,500 SF small‑shop spaces available
  • +/-20,125 SF anchor space available

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Repair Shop Auto Parts Store Parking Lot & Garage Big Box & Wholesale 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

52,289 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby
Well-served
Demand for This Use

Demographics for 40351, KY

22,305
Population
9,497
Households
2.3
Avg Household Size
33
Median Age
27%
College-Educated
88%
High-School Grad
268.2 sq mi
ZIP Area
83
Density / Sq Mi
$51,110
Median Household Income
$26,278
Median Earnings
$775
Median Rent
$163,000
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?
Shopping center - Retail leasing options include small-shop suites and larger anchor space within an established commercial center.
Where is this shopping center located?
The property is located at 250 Pinecrest Dr Morehead, KY.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: +/-178,448 SF shopping center; +/-1,200–2,500 SF small‑shop spaces available; +/-20,125 SF anchor space available
More about this property
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