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    2000-2236 Paris By-Pass Paris, KY 40361

    Sponsored
    For Lease
    $8 SF/Yr

    Kentucky Retail Center: 17,624 SF Available

    Lot size:
    120,784 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This single-story, 120,784 square foot shopping center in Paris, Kentucky, offers exceptional retail space. Currently, 17,624 square feet is available, divisible into units ranging from 1,200 to 14,024 contiguous square feet. The center boasts a strong anchor tenant, Save-A-Lot Grocery, and is complemented by co-tenants including Fastenal, H&R Block, and Subway. Its strategic location on the Paris By-Pass (2000-2236) benefits from high visibility and an average daily traffic count of 14,500 vehicles (as of 2019). Nearby, you'll find other major retailers such as Tractor Supply and a Walmart Supercenter, further enhancing the area's retail draw. The property features ample parking and marquee signage opportunities. Zoned 026-00-00-044.00 in Bourbon County, this center presents a prime opportunity for businesses seeking high-traffic exposure in a thriving community. Potential exists for outlot development via ground lease or build-to-suit options. The city of Paris, known as the "Thoroughbred Capital of the World," is conveniently located just 15 minutes northeast of Lexington. This property is situated in a high-traffic area with excellent visibility and ample parking.

    Property Features for 2000-2236 Paris By-Pass

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    120,784 SF
    Total Rate
    80522.67

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Suite 1a
    Size
    14,024 SF
    Rate per SF
    $8
    Space
    Suite 7
    Size
    1,200 SF
    Rate per SF
    $11
    Space
    Suite 9
    Size
    2,400 SF
    Rate per SF
    $9

    HighLights

    • 120,784 SF neighborhood shopping center anchored by Save‑A‑Lot Grocery.
    • 1,200 - 14,024 SF of retail space available for lease.
    • Second‑generation restaurant space available.
    • Outlot development potential via ground lease or build‑to‑suit.
    • Strong co‑tenancy including Fastenal, H&R Block, and Subway, with nearby Tractor Supply and Walmart.
    • High traffic location with 14,500 AADT (2019 data).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Paris
    County
    Bourbon
    State
    Kentucky
    Longitude
    -84.2585534
    Latitude
    38.225497

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Retail property - Kentucky Retail Center: 17,624 SF Available
    Where is this retail property located?
    The property is located at 2000-2236 Paris By-Pass Paris, KY.
    What is the lease rate?
    The lease rate is $8-$11 SF/Yr.
    What are key features of this property?
    This property features: 120,784 SF neighborhood shopping center anchored by Save-A-Lot Grocery.; 1,200 - 14,024 SF of retail space available for lease.; Second-generation restaurant space available.
    Request Owner's contact information
    2000-2236 Paris By-Pass Paris, KY 40361
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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
    2000-2236 Paris By-Pass Paris, KY 40361
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