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Multi-Tenant Retail Center

944 Commercial Drive, Richmond, KY 40475

For Sale
Contact for pricing

The center fronts Eastern By-Pass near major retail destinations and Eastern Kentucky University.

Property SizeContact for details
Days on Market11

Property Features for 944 Commercial Drive

General Information

Standard status Active
Property subtype Retail

Additional Details

Traffic Count 31,400 vehicles/day

Building Details

Tenancy Multi
Listing Agency: SVN | Stone Commercial Real Estate
Listed By: Weston Lockhart · License KY #245654
Source: Crexi
Added: Oct 30 Changed: Nov 8 Last Checked: Nov 8 at 5:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Stone Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

This multi-tenant shopping center serves Richmond, Kentucky, with frontage along Eastern By-Pass. The property has ample parking and access from the bypass, which carries 31,400 vehicles per day.

Nearby destinations include Eastern Kentucky University, Richmond Mall, Walmart, and Kroger, placing the center among established retail and institutional activity in the city.

Key Highlights

  • Multi‑tenant retail shopping center in Richmond, Kentucky
  • Frontage on Eastern By‑Pass, carrying 31,400 VPD
  • Ample parking

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Butcher Florist Carpet & Flooring Store Accounting Firm

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

31,400 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

755
Businesses Nearby
237k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 44% Groceries 30% Shops & Services 24% Apparel 2%
Kroger Groceries
66,537 visits/mo 0.4 miles
McDonald's Dining
32,797 visits/mo 0.5 miles
Kroger Fuel Center Shops & Services
23,246 visits/mo 0.4 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
19,069 visits/mo 0.2 miles
Dollar Tree Shops & Services
18,515 visits/mo 0.2 miles

Demographics for 40475, KY

62,531
Population
28,118
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
93%
High-School Grad
287.3 sq mi
ZIP Area
218
Density / Sq Mi
$62,731
Median Household Income
$35,102
Median Earnings
$863
Median Rent
$232,700
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

Similar Off Market Nearby

  • THIS & THAT STUFF INC. — 830 Eastern Bypass, Richmond, KY 40475
  • Richmond Mall — 830 Eastern Bypass, Richmond, KY 40475
  • Carriage Gate — 851 Eastern Bypass, Richmond, KY 40475
  • Acceptance Now — 831 Eastern Bypass, Richmond, KY 40475
  • Coinstar Kiosk - Bitcoin ATM — Kroger - Louisville, US 25 &, Eastern Bypass, Richmond, KY 40475

Frequently Asked Questions

What type of property is this?
Shopping center - The center fronts Eastern By-Pass near major retail destinations and Eastern Kentucky University.
Where is this shopping center located?
The property is located at 944 Commercial Drive Richmond, KY.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Multi‑tenant retail shopping center in Richmond, Kentucky; Frontage on Eastern By‑Pass, carrying 31,400 VPD; Ample parking
(859) 264-0888 Call to check price and availability
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