Spaces For Lease

at 406 S 1st St

Available Space $11.50/Mo

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Listing Agency: Commercial Kentucky, Inc.

Listed By: Brent Dolen · License #KY 75010 Show Phone

Source: Kcrea.resimplifi

Added: Dec 22, 2016 Changed: Oct 3 Last Checked: Oct 16 at 5:57AM

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Investment Insights

Based on property information with market context.

This major shopping center, Oldham Plaza, features high visibility and a variety of co-tenants. The property has been recently renovated. One end-cap suite is available. The inline space includes a loading dock at the rear of the building. The entrance for the inline space will be built-to-suit. The site is located two blocks from I-71 on the west side of South 1st Street, which connects LaGrange, Kentucky, to Interstate I-71. The lease rate is $11.5 per square foot.

Key Highlights

• High visibility location
• Recently renovated shopping center
• Great co‑tenants

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Furniture & Home Goods (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

NNN (Triple Net)

Lease Type

$1.72 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

435

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 40031, KY

25,322

Population

8,507

Households

3

Avg Household Size

40

Median Age

34%

College-Educated

89%

High-School Grad

66.9 sq mi

ZIP Area

379

Density / Sq Mi

$96,682

Median Household Income

$47,046

Median Earnings

$1,120

Median Rent

$316,300

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

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Similar Off Market Nearby

• Oldham Plaza — 410 S 1st St, La Grange, KY 40031
• LaGrange Square — 300S S 1st Ave, La Grange, KY 40031

Frequently Asked Questions

What type of property is this?

Shopping center - Recently renovated shopping center with high visibility and great co-tenants.

Where is this shopping center located?

The property is located at 406 S 1st St La Grange, KY.

What is the lease rate?

The lease rate is $11.50 SF/Yr.

What are key features of this property?

This property features: High visibility location; Recently renovated shopping center; Great co‑tenants