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Anchorage Plaza Retail and Office
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12905 Factory Ln, Louisville, KY 40245

New retail and office development in Louisville, Kentucky.

Space Size3,236 SF
Property Size5,639 SF
Days on Market2066

Property Features for 12905 Factory Ln

General Information

Standard status Active
Size 3,236 SF
Class A
Property subtype Retail, Office, Restaurant
Lease Type NNN

Building Details

Building Size 5,639 SF
Year Built 2020
Tenancy Multiple

Spaces For Lease

at 12905 Factory Ln Contact us

Second Floor

Size
3,236 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Nexus Commercial Advisors
Listed By: Charlotte Hollkamp, CCIM · License #KY 217676
Source: Crexi
Added: Jan 5, 2021 Changed: Aug 22 Last Checked: Sep 2 at 6:43PM

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 Nexus Commercial Advisors

Investment Insights

Based on property information with market context.

Anchorage Plaza Addition #1 is a newly constructed, two-story retail and office development located at the intersection of Factory Lane and LaGrange Road in Louisville, Kentucky. The center benefits from visibility and modern design. It is situated just off the Gene Snyder Freeway (I-265), providing access to major transportation routes. The property is located across from a Kroger-anchored shopping center, within one mile of the Ford Heavy Truck Plant and Eastpoint Business Park, and 1.8 miles from Kentucky's first Publix supermarket. The location offers exposure, with over 27,200 vehicles per day passing by on LaGrange Road. The surrounding area has a population of 133,700 within a five-mile radius and an average household income of $146,817. The one-mile radius boasts an average income of $133,252. The property is located within a commercial hub, with access to more than 37,338 employees within a three-mile radius, near the Ford Heavy Truck Plant and Eastpoint Business Park. The property offers signage opportunities along Factory Lane and LaGrange Road. The building features natural light, with windows surrounding the structure. The surrounding trade area has experienced growth, becoming one of Louisville's busiest commercial corridors. Anchorage Plaza is home to a group of tenants, including Subway, Beam Family Dentistry, Belle Nails, White Buddha, Ms. Bargain, Old School NY Pizza, Southern Steer Butcher, Cloud 9 Smoke Shop, Golden Finger Asian Massage, FLY Fitness Studio, Stock Yards Bank & Trust, and Load It.

Key Highlights

  • High Average Household Income: Located in an affluent area with a five‑mile radius average household income of $146,817.
  • Excellent Visibility and High Traffic: Situated on LaGrange Road with over 27,200 vehicles passing daily.
  • Strategic Location: Easy access to I‑265, near major employers, and across from a Kroger‑anchored shopping center.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Auto Parts Store Restaurant Dental Office Hair Salon

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
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby

Demographics for 40245, KY

37,866
Population
15,226
Households
2.5
Avg Household Size
41
Median Age
59%
College-Educated
97%
High-School Grad
32.6 sq mi
ZIP Area
1,162
Density / Sq Mi
$120,171
Median Household Income
$63,623
Median Earnings
$1,605
Median Rent
$432,900
Median Home Value

Market

Lease Benchmarks for Louisville, KY

$17.59 /SF/Yr
Avg Asking Price
$1.03–$51.27 /SF/Yr
Price Range
20,804 SF
Avg Space Size

This space is priced 8% above the average of $17.59 /SF/Yr.

Vacancy Rate% for Office in Louisville, KY

12.4% 2019
14.8% 2020
14.3% 2021
15.4% 2022
16.3% 2023
15.7% 2024
18.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - New retail and office development in Louisville, Kentucky.
Where is this retail space located?
The property is located at 12905 Factory Ln Louisville, KY.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: High Average Household Income: Located in an affluent area with a five‑mile radius average household income of $146,817.; Excellent Visibility and High Traffic: Situated on LaGrange Road with over 27,200 vehicles passing daily.; Strategic Location: Easy access to I‑265, near major employers, and across from a Kroger‑anchored shopping center.
(502) 724-7325 Call to check price and availability
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