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Retail Shopping Center
For Lease
$10 SF/Yr

316 Versailles Rd, Frankfort, KY 40601

Commercially zoned retail space near a major grocery and McDonald’s on Frankfort’s east side.

Space SizeContact for details
Days on Market1297

Property Features for 316 Versailles Rd

General Information

Standard status Active
Property subtype Retail
Zoning Commercial
Lease Type NNN

Additional Details

Space Use Retail

Building Details

Year Built 1975

Spaces For Lease

at 316 Versailles Rd
Available Space $10/Mo
Contact us
Listing Agency: Equity Management Group, Inc.
Listed By: Jason Taylor · License #72700
Source: Kcrea.resimplifi
Added: Apr 1, 2023 Changed: Oct 1 Last Checked: Oct 16 at 5:47AM

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 Equity Management Group, Inc.

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Investment Insights

Based on property information with market context.

Located at 312 Versailles Rd in Frankfort, Kentucky, this 12,400-square-foot shopping center offers retail space within a commercial-zoned property. The center was developed in 1975 and includes a McDonald’s operation at the site.

The property is positioned on the east side of Frankfort near the area’s only major grocery store, providing a setting shaped by established retail activity. Its shopping-center format supports consideration of proposals for retail occupancy within an existing commercial environment.

Key Highlights

  • 12,400‑square‑foot shopping center
  • Commercial zoning
  • Established in 1975

Property Analytics

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Current Use

Pierre's Furniture LLC ... Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Restaurant 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

NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

394
Businesses Nearby
Balanced
Demand for This Use

Demographics for 40601, KY

52,133
Population
24,224
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
93%
High-School Grad
217.5 sq mi
ZIP Area
240
Density / Sq Mi
$67,125
Median Household Income
$40,685
Median Earnings
$944
Median Rent
$199,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

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  • Eastwood Shopping Center — 260 Versailles Rd, Frankfort, KY 40601
  • Cheeper Sweeper Central Vac Service — 859 e main st, frankfort, ky 40601
  • East Side — 859 E Main St, Frankfort, KY 40601

Frequently Asked Questions

What type of property is this?
Shopping center - Commercially zoned retail space near a major grocery and McDonald’s on Frankfort’s east side.
Where is this shopping center located?
The property is located at 316 Versailles Rd Frankfort, KY.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 12,400‑square‑foot shopping center; Commercial zoning; Established in 1975
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