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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Ky-40W Paintsville, KY 41240

120,901 SF
Property ID
Property summary
AI-generated overview

This dominant grocery-anchored regional shopping center in Paintsville, KY offers 9 available suites ranging from 825 to 65,000 square feet within a 120,901 square foot building on a 70-acre lot. The center boasts a strong mix of national and local tenants, including Food City, Lowe's Home Improvement, Ollie's Bargain Outlet, and a soon-to-open Hobby Lobby, along with a Walmart shadow anchor. Its prime location between a Walmart Supercenter and Johnson County High and Middle Schools (over 1400 students) ensures high visibility and traffic. The property features excellent accessibility with 8 ingress/egress points, 2 signalized intersections, and nearly 4,000 feet of combined frontage, resulting in daily traffic counts exceeding 13,700 vehicles. The site is zoned commercial and benefits from its location in a development-constrained area, limiting future competition and contributing to the long-term success of its tenants. The trade area population exceeds 66,800, making this a compelling investment opportunity in a thriving eastern Kentucky business hub. Currently, 98,860 square feet is vacant, offering significant potential for new tenants. The minimum divisible space is 825 square feet, with a maximum contiguous space of 65,000 square feet. This redevelopment project presents a unique chance to capitalize on a strong retail location in a growing market. The property is located in Johnson County.

Property profile
Verified
Property type Retail properties & Spaces
Total area 120,901 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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