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    6920 Burlington Pike Florence, KY 41042

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    For Lease
    Contact for pricing

    62,097 SF former grocery, high-traffic location.

    Lot size:
    62,097 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 62,097-square-foot retail space, located at 6920 Burlington Pike in Florence, Kentucky, presents a significant leasing opportunity. The property, a former grocery store, boasts a large, open floor plan, offering considerable flexibility for customization to meet diverse tenant needs. Situated on a 7.01-acre lot, the building features ample on-site parking with 300 spaces, ensuring convenient access for customers and employees. Built in 1988 and renovated in 2005, this Class B property benefits from its prime location on Burlington Pike (KY-18), a bustling retail corridor in Florence. The property enjoys excellent visibility and accessibility, with easy access to major highways I-75 and I-71, providing convenient connections to Cincinnati and Northern Kentucky. The zoning is CM, and the property's tax cost per square foot is $0.88. This location is ideal for a variety of retail, grocery, or large-format commercial uses, providing an excellent opportunity for businesses seeking a strong presence in a thriving community. The property is currently vacant and ready for immediate occupancy. Boone County location.

    Property Features for 6920 Burlington Pike

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    62,097 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1988/2005
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    62,097 SF

    HighLights

    • 22'-24' Clear Ceiling Heights
    • Convenient Interstate Access
    • Abundant Parking Available
    • Highly Divisible Space
    Property Profile Location Intelligence

    Current Use by Public Records

    US Bank Mortgage Mortgage Broker Remke Grocery Store Coinstar Kiosk - Bitcoin ... Atm ATM Atm Coin Cloud Bitcoin ... Atm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Boone
    State
    Kentucky
    Longitude
    -84.630635201378
    Latitude
    39.010415181031

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    FAQs

    What type of property is this?
    Retail property - 62,097 SF former grocery, high-traffic location.
    Where is this retail property located?
    The property is located at 6920 Burlington Pike Florence, KY.
    What are key features of this property?
    This property features: 22'-24' Clear Ceiling Heights; Convenient Interstate Access; Abundant Parking Available
    Request Owner's contact information
    6920 Burlington Pike Florence, KY 41042
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    Florence, KY 41042
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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
    6920 Burlington Pike Florence, KY 41042
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