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    Us-42 Union, KY 41091

    For Lease
    Contact for pricing

    Prime Union, KY Retail Opportunity

    Lot size:
    7,670 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail opportunity at Union Promenade, located on US-42 in Florence, Kentucky (zip code 41091), offers two available spaces totaling 2,920 to 4,750 square feet. Situated in Boone County's Union submarket within the Northern Kentucky submarket cluster, this Class A street retail property is part of a vibrant entertainment district. The development features a thoughtfully designed layout to accommodate both pedestrian and vehicular traffic, anticipating the high volume generated by over 1000 nearby homes. Currently, the center boasts a mix of upscale medical facilities and restaurants. The architectural design is modern and appealing, attracting a broad demographic. The spaces are ideal for businesses seeking high visibility and access to a thriving community. This development is designed to handle the high volume of pedestrian traffic from over 1000 homes, in addition to drive-in traffic. The unique architectural design is attractive to a wide range of potential customers. For more detailed information and site plans, please visit the Union Promenade website. This is a rare opportunity to secure space in a rapidly growing and highly desirable location. The property's strategic location and modern design make it an attractive option for businesses seeking a strong presence in Northern Kentucky. Multiple tenancy options are available, offering flexibility for various business needs.

    Property Features for 0 Us-42

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,670 SF
    Class
    A

    Unit(s) available at that property

    Space
    Union Promenade - 2
    Size
    2,920 SF
    Space
    Union Promenade - 1
    Size
    4,750 SF

    HighLights

    • 2,920 - 4,750 SF of Class A street retail space available in Florence, KY (41091).
    • Located in a high‑traffic, vibrant entertainment district with over 1,000 nearby homes.
    • Modern architectural design in a rapidly growing, highly desirable location.
    • Anchored by upscale medical facilities and restaurants, offering strong co‑tenancy.
    • High visibility and pedestrian traffic from a thriving community.
    • Multiple tenancy options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Union
    County
    Boone
    State
    Kentucky
    Longitude
    -84.6782932
    Latitude
    38.9224051

    Nearby Comparable

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    Nearby Similar for Lease

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      Union Promenade Retail Spaces

      Prime Union, KY Retail Opportunity
      0 Us-42, Union, KY 41091
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      Retail Space in Union, KY

      Retail space available in Union, KY with national co-tenants.
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    FAQs

    What type of property is this?
    Individual retail property - Prime Union, KY Retail Opportunity
    Where is this individual retail property located?
    The property is located at Us-42 Union, KY.
    What are key features of this property?
    This property features: 2,920 - 4,750 SF of Class A street retail space available in Florence, KY (41091).; Located in a high-traffic, vibrant entertainment district with over 1,000 nearby homes.; Modern architectural design in a rapidly growing, highly desirable location.
    Request Owner's contact information
    Us-42 Union, KY 41091
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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
    Us-42 Union, KY 41091
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