770 Main St Calvary, KY 40033
The Lebanon Trade Center, located at 770 W. Main Street in Lebanon, Kentucky, presents a prime retail investment opportunity. This 59,760 square foot multi-tenant strip center and community center is situated along the main business corridor, US Route 68 (W. Main St.), offering exceptional visibility and accessibility. Currently, 41,860 square feet of space is available, divisible into units ranging from 1,500 to a maximum contiguous 35,760 square feet. Seven spaces are available for lease. The center benefits from a prominent pylon sign at the main entrance, ensuring high visibility for tenants. This former Walmart center is now anchored by established businesses including Shoe Sensation and Norby's Farm Fleet, providing a strong existing tenant base and significant foot traffic. An end-cap restaurant space is also available, presenting a unique opportunity for food service businesses. The property is located in Marion County, Kentucky, 40033, just one mile east of a Walmart store, further enhancing its strategic location and potential for success. This property offers a compelling combination of size, location, and existing infrastructure, making it an ideal investment for a variety of retail businesses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.