Property profile

272 Redwing Dr Winchester, KY 40391

OFF-MARKET
Neighborhood centers
17,500 SF
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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

Current use

Occupant on record · Public records
  • Medical Billing Service
  • Real Estate Agency

Location

272 Redwing Dr Winchester, KY 40391
Winchester metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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