Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    118 Market Place Cir Georgetown, KY 40324

    Sponsored
    For Lease
    $28 SF/Yr

    2,700 SF Kroger-anchored retail space.

    Lot size:
    2,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,700 square foot retail space, situated within a thriving 125,000 square foot Kroger Marketplace development, presents a unique leasing opportunity in Georgetown, Kentucky. Located at 118 Marketplace Circle, this single-tenant space is part of a bustling shopping center boasting a diverse mix of established national and local businesses, including Rooster's, MOD Pizza, Starbucks, Subway, and many more. The property benefits from high visibility and accessibility, enjoying convenient access from the Georgetown bypass (17,000+ vehicles daily) and US 25 (18,000+ vehicles daily). This prime location is experiencing significant growth, fueled by recent residential, office, hospital, and medical developments. The property is zoned B-2 and is situated in Scott County, Kentucky, the fastest-growing county in the state. This is the only Kroger location in Georgetown and Scott County, ensuring a substantial customer base. The space will be available in May 2025. This presents a remarkable chance to establish a business in a high-traffic, rapidly expanding area. The one-story building offers excellent visibility and ample parking.

    Property Features for 118 Market Place Cir

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,700 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    2,700 SF
    Rate per SF
    $28

    HighLights

    • 2,700 SF retail space available
    • May 2025 availability
    • Located in Kentucky's fastest‑growing county
    • Sole Kroger grocery store in Scott County
    Property Profile Location Intelligence

    Current Use by Public Records

    OEC Japanese Express Japanese Restaurant World Finance Loan Agency Amy Dail Physical Therapist Emily Sinclair Physical Therapist Arthur Hughes Physical Therapist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Scott
    State
    Kentucky
    Longitude
    -84.5659748
    Latitude
    38.1848635

    Nearby Similar for Lease

    • $2,950 /Mo

      Downtown Georgetown Commercial Space Available

      Spacious commercial space in downtown Georgetown with utilities included.
      135 E Main St, Georgetown, KY 40324
      View Details
    • $1,375 /Mo

      Downtown Georgetown Office Space

      Second-floor office space in downtown Georgetown with Main Street views.
      135 203, Georgetown, KY 40324
      View Details
    • $10 SF/Yr
      9,420 SF

      Georgetown Village Retail Space

      Renovated retail space available in Georgetown Village Shopping Center.
      401 Outlet Center Dr, Georgetown, KY 40324
      View Details
    • $18 SF/Yr
      16,532 SF

      Georgetown Class A Office Space

      Class A office space in Georgetown with drive-thru availability.
      1502 Oxford Dr, Georgetown, KY 40324
      View Details
    • $795 /Mo

      Downtown Georgetown Office Space

      Affordable office space in a prime downtown Georgetown location.
      137 E Main St, Georgetown, KY 40324
      View Details
    • $495 /Mo

      Downtown Georgetown Professional Office Space

      Affordable office space in downtown Georgetown with utilities included.
      137 E Main St, Georgetown, KY 40324
      View Details
    • $600 /Mo

      Downtown Georgetown Office Space

      One-room office space in downtown Georgetown with utilities included.
      137 E Main St, Georgetown, KY 40324
      View Details
    • $35 SF/Yr
      7,000 SF

      Grocery-Anchored Retail Development Shop Space

      New retail development near Lexington, opening end of 2026.
      1998 Frankfort Rd, Georgetown, KY 40324
      View Details
    • Contact for pricing
      416,500 SF

      Georgetown Retail Development Opportunity

      Retail and outlot opportunities in a mixed-use development.
      Mcclelland Cir & Quality Dr, Georgetown, KY
      View Details
    • $2,754 /Mo
      32,017 SF

      Retail Space in Georgetown, Kentucky

      Retail leasing opportunity with high visibility and ample parking.
      103 Vlg Market Path, Georgetown, KY 40324
      View Details
    • $20 SF/Yr
      9,000 SF

      Georgetown Office Space Available

      Class A Office, 2,598 sq ft, prime location
      198 Bevins Ln, Georgetown, KY 40324
      View Details
    • $7 SF/Yr
      51,390 SF

      Georgetown Retail Center Opportunity

      High-traffic shopping center with space available.
      751 Slone Dr, Georgetown, KY 40324
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - 2,700 SF Kroger-anchored retail space.
    Where is this neighborhood center located?
    The property is located at 118 Market Place Cir Georgetown, KY.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: 2,700 SF retail space available; May 2025 availability; Located in Kentucky's fastest-growing county
    Request Owner's contact information
    118 Market Place Cir Georgetown, KY 40324
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    118 Market Place Cir
    Georgetown, KY 40324
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    118 Market Place Cir Georgetown, KY 40324
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.