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    770 Main St Calvary, KY 40033

    For Lease
    $7 SF/Yr

    High-visibility retail center, 7 spaces available

    Lot size:
    59,760 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    The Lebanon Trade Center, located at 770 W. Main Street in Lebanon, Kentucky, presents a prime retail investment opportunity. This 59,760 square foot multi-tenant strip center and community center is situated along the main business corridor, US Route 68 (W. Main St.), offering exceptional visibility and accessibility. Currently, 41,860 square feet of space is available, divisible into units ranging from 1,500 to a maximum contiguous 35,760 square feet. Seven spaces are available for lease. The center benefits from a prominent pylon sign at the main entrance, ensuring high visibility for tenants. This former Walmart center is now anchored by established businesses including Shoe Sensation and Norby's Farm Fleet, providing a strong existing tenant base and significant foot traffic. An end-cap restaurant space is also available, presenting a unique opportunity for food service businesses. The property is located in Marion County, Kentucky, 40033, just one mile east of a Walmart store, further enhancing its strategic location and potential for success. This property offers a compelling combination of size, location, and existing infrastructure, making it an ideal investment for a variety of retail businesses.

    Property Features for 770 Main St

    General Information

    Property type
    Community centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    59,760 SF
    Total Rate
    34860

    Unit(s) available at that property

    Space
    122 US Hwy 68
    Size
    1,500 SF
    Rate per SF
    $12
    Space
    154 US Hwy 68
    Size
    7,749 SF
    Rate per SF
    $7
    Space
    160 US Hwy 68
    Size
    5,000 SF
    Rate per SF
    $10
    Space
    162 US Hwy 68
    Size
    5,000 SF
    Rate per SF
    $10
    Space
    110-112 Hwy 68
    Size
    2,200 SF
    Rate per SF
    $16
    Space
    130-140 US Hwy 68
    Size
    2,400 SF
    Rate per SF
    $15
    Space
    150 US Hwy 68
    Size
    11,150 SF
    Rate per SF
    $10

    HighLights

    • High‑visibility retail center on US Rte 68 (W. Main St.), one mile east of Walmart.
    • Former Walmart center anchored by Shoe Sensation and Norby's Farm Fleet.
    • Excellent visibility and accessibility.
    • Prominent pylon sign at main entrance.
    • End‑cap restaurant space available.
    • 41,860 square feet of available space, divisible into units from 1,500 to 35,760 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Community centers

    Map

    City
    Calvary
    County
    Marion
    State
    Kentucky
    Longitude
    -85.271122
    Latitude
    37.5597229

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    FAQs

    What type of property is this?
    Community center - High-visibility retail center, 7 spaces available
    Where is this community center located?
    The property is located at 770 Main St Calvary, KY.
    What is the lease rate?
    The lease rate is $7-$16 SF/Yr.
    What are key features of this property?
    This property features: High-visibility retail center on US Rte 68 (W. Main St.), one mile east of Walmart.; Former Walmart center anchored by Shoe Sensation and Norby's Farm Fleet.; Excellent visibility and accessibility.
    Request Owner's contact information
    770 Main St Calvary, KY 40033
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    Calvary, KY 40033
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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
    770 Main St Calvary, KY 40033
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