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    101 Alt Providence, KY 42450

    For Lease
    $5 SF/Yr ($9,042 /Mo)

    Prime Retail Space Available Now

    Lot size:
    21,702 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail opportunity presents 21,702 square feet of space in a single-story building situated on a 3.84-acre lot in Webster County. The property, located at 101 US Highway 41 Alt S, boasts excellent visibility and accessibility, complemented by ample parking with 100 spaces. Currently, 7,200 square feet is available for lease, divided into two suites, each measuring 7,200 square feet. The property features central heat and air conditioning, and VCT tile flooring throughout. Two restrooms are conveniently located within the building. Built in 1979, this well-maintained property is zoned commercial and benefits from its strategic location anchored by a Sureway Grocery Store, ensuring high foot traffic and strong brand recognition. The lease price is $5 per square foot per year, NNN. This property is ideal for businesses seeking high visibility and convenient access in a thriving commercial area. The property's size and location make it suitable for a variety of retail uses. The large lot size offers potential for future expansion or development. This is a rare opportunity to secure a prominent retail space in a high-traffic location. Don't miss out on this chance to establish your business in a prime Webster County location.

    Property Features for 101 Alt

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,702 SF
    Total Rate
    9042.5

    Building Details

    Year Built
    1979
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 1
    Size
    7,200 SF
    Rate per SF
    $5
    Space
    Suite 2
    Size
    7,200 SF
    Rate per SF
    $5

    HighLights

    • Retail storefront, 21,702 total square feet, multi‑tenant.
    • Three suites total, 7,200 square feet currently vacant.
    • 3.84‑acre lot in Webster County.
    • Built in 1979, single‑story building with 100 parking spaces.
    • $5/SF/YR NNN lease rate.
    • Anchored by Sureway Grocery Store, offering high visibility and convenient access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Providence
    County
    Webster
    State
    Kentucky
    Longitude
    -87.733464474193
    Latitude
    37.4105638621

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Space Available Now
    Where is this individual retail property located?
    The property is located at 101 Alt Providence, KY.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: Retail storefront, 21,702 total square feet, multi-tenant.; Three suites total, 7,200 square feet currently vacant.; 3.84-acre lot in Webster County.
    Request Owner's contact information
    101 Alt Providence, KY 42450
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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
    101 Alt Providence, KY 42450
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