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    Neighborhood centers

    272 Redwing Dr, Winchester, KY 40391

    17,500 SF
    Property ID
    Property summary
    AI-generated overview

    Colby Ridge Center, located at 272 Redwing Dr, Winchester, KY 40391, presents a fantastic retail investment opportunity. This 17,500 square foot strip center offers multiple tenancy options within a thriving retail corridor. Currently, 3,500 square feet of retail space is available, divisible into units as small as 1,750 square feet, with a maximum contiguous space of 1,750 square feet. The property is conveniently situated near major retailers, including Kroger, Bealls, Hibbett Sports, Lowe's, Rural King, and Planet Fitness, ensuring high visibility and foot traffic. Its location on Redwing Dr, with cross access to Bypass Road, provides excellent accessibility for customers. The center is situated in Clark County, Kentucky, offering a strong market for retail businesses. This is an ideal location for businesses seeking high-traffic exposure and a strong customer base. The available space is perfect for a variety of retail uses, providing a chance to establish a presence in a bustling commercial area. The property's strategic location and proximity to established retailers make it an attractive option for businesses looking to expand or establish a new location in Winchester, Kentucky. This is a rare opportunity to secure prime retail space in a high-demand area.

    Property profile
    Verified
    Property type Neighborhood centers
    Total area 17,500 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
    Current use
    Occupant on record · Public records
    • Medical Practice Consulting Group Medical Billing Service
    • Littrell Homes Inc Real Estate Agency
    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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