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Property profile & analytics
OFF-MARKET
Neighborhood centers

0 Us-31W Elizabethtown, KY 42701

173,044 SF
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located within Towne Centre, a vibrant 173,044 square foot community shopping center situated on the west side of US-31W in Elizabethtown, Kentucky (zip code 42701). The property is a single-story strip center with a currently available space of 1,634 square feet, representing a minimum divisible unit. The center boasts a strong tenant mix, including major anchors such as Kroger (60,727 sq ft), Norton Healthcare (25,263 sq ft), and Jo-Ann Fabric (12,000 sq ft), along with other established retailers like Pet Supplies Plus, Jersey Mike's Subs, and Sally Beauty Supply. Towne Centre benefits from its proximity to Towne Mall, a 340,000 square foot regional mall with Belk, Burke's Outlet, and JCPenney as anchors, and Mall Park, a power center featuring Barnes & Noble, T.J. Maxx, Ross Dress for Less, Old Navy, and Michaels. The area enjoys exceptional visibility and accessibility, with high traffic counts on US-31W averaging approximately 35,048 vehicles daily (2018 data). Furthermore, the presence of a large sports park attracting significant annual visitors further enhances the area's appeal and foot traffic. The surrounding area also includes a concentration of big-box retailers such as Walmart, Lowe's, Target, Home Depot, Academy Sports, Hobby Lobby, Sam's Club, and Menard's, creating a robust retail environment. This space presents a unique opportunity for businesses seeking high visibility and strong consumer traffic in a thriving Kentucky market.

Property profile
Verified
Property type Neighborhood centers
Total area 173,044 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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