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Retail Space Under Reconstruction

81 Mall Road #Ste 2, Somerset, KY 42501

For Lease
$3,520/Mo

The space is being rebuilt after tornado damage, with visibility of US 27.

Space Size2,555 SF
Days on Market125

Property Features for 81 Mall Road #Ste 2

General Information

Standard status Active
Size 2,555 SF
Net Rentable 2,555 SF
Lease Type NNN
Lease Term 12 Months

Property Condition

Severity Major Repairs Needed
Evidence tornado damage

Space & Availability

Available Space 2,555 SF
Contiguous Space 2,555 SF

Lease Terms

Lease Rate $3,520 /MO
Total Rate $4,340
Monthly Rent $3,520
Rent per SF/Year $16.53

Additional Details

Highway Access Yes

Building Details

Building Size 2,555 SF
Year Built 1970
Buildings 1
Stories 1
Tenancy Multi
Listing Agency: Eagle Realty & Development LLC
Listed By: Linda Skaarup · License KY #204046
Source: Bluegrasspropertiesgroup
Added: Jul 9 Changed: Nov 4 Last Checked: Nov 9 at 11:01PM

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 Eagle Realty & Development LLC

Rey
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Investment Insights

Based on property information with market context.

This 2,555-square-foot retail space at 81 Mall Road is being reconstructed following tornado damage in 2025. The building was originally built in 1970, and the work is intended to restore it for new tenants.

The property is positioned between Somerset Mall and a McDonald’s, behind the restaurant, with visibility of US 27. It is also convenient to US 27.

Key Highlights

  • 2,555 square feet of retail space
  • Reconstruction following tornado damage in 2025
  • Visibility of US 27

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Sassy Scissors Hair Salon OneMain Financial Loan Service Jack's Barbershop Barber Shop Mattress Overstock - Somerset Furniture & Home Goods Jack's Barber Shop Barber Shop

Suggested Use

Top Pick Electrical Service Plumbing Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Pharmacy 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
NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

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 78% 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 - The space is being rebuilt after tornado damage, with visibility of US 27.
Where is this retail space located?
The property is located at 81 Mall Road #Ste 2 Somerset, KY.
What is the lease rate?
The lease rate is $4,340/Mo.
What are key features of this property?
This property features: 2,555 square feet of retail space; Reconstruction following tornado damage in 2025; Visibility of US 27
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