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    1002 Mill St Leitchfield, KY 42754

    For Lease
    $8 SF/Yr

    Prime Grayson County Retail Space Available

    Lot size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Leitchfield Place Shopping Center presents a compelling investment opportunity in a thriving Kentucky market. This 40,000 square foot retail strip center boasts a prime location in Leitchfield's main retail corridor, strategically positioned between major anchors like Walmart and Tractor Supply Company. Currently, 9,000 square feet of retail space is available, offering significant potential for expansion or new tenancy. The center has undergone recent redevelopment, ensuring modern amenities and a high-quality presentation. Its convenient access from the Western Kentucky Parkway provides excellent visibility and accessibility for customers from both east and west. Located in Grayson County, Kentucky, Leitchfield benefits from a protected market serving the entire county and drawing customers from a 30-mile radius. The area's appeal is further enhanced by significant tourist attractions such as the expansive Rough River Dam State Park, contributing to a robust and diverse customer base. The property is zoned for commercial retail use and offers a unique chance to capitalize on a strong, established market with significant growth potential. The center's location, approximately 35 miles west of Elizabethtown and 75 miles southwest of Louisville, provides easy access to larger population centers. This opportunity is ideal for investors seeking a well-positioned retail property in a growing Kentucky market. The available space presents a blank canvas for a variety of retail concepts.

    Property Features for 1002 Mill St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,000 SF
    Total Rate
    26666.67

    Unit(s) available at that property

    Space
    Suite: 1
    Size
    9,000 SF
    Rate per SF
    $10

    HighLights

    • 9,000 SF end‑cap space available (5,000 SF finished, 4,000 SF unfinished, non‑divisible).
    • Strong tenant mix including Dollar Tree and American Rentals.
    • 7.35 acres comprised of two parcels.
    • C‑1 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Leitchfield
    County
    Grayson
    State
    Kentucky
    Longitude
    -86.2753994
    Latitude
    37.4851085

    Nearby Comparable

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    Nearby Similar for Lease

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      4,000 SF

      Retail Space in Walmart ShadowCenter

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Grayson County Retail Space Available
    Where is this neighborhood center located?
    The property is located at 1002 Mill St Leitchfield, KY.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 9,000 SF end-cap space available (5,000 SF finished, 4,000 SF unfinished, non-divisible).; Strong tenant mix including Dollar Tree and American Rentals.; 7.35 acres comprised of two parcels.
    Request Owner's contact information
    1002 Mill St Leitchfield, KY 42754
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    Leitchfield, KY 42754
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1002 Mill St Leitchfield, KY 42754
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