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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

64 & Sr 32 Morehead, KY 40351

5,000 SF
Property ID
Property summary
AI-generated overview

The Kroger Center, a prime retail property located in Morehead, Kentucky, presents a unique leasing opportunity. Situated at the high-traffic intersection of I-64 and SR 32 in Rowan County, this 5,000 square foot commercial space offers excellent visibility and accessibility. The property is currently fully vacant, providing a blank canvas for a new tenant to establish a strong presence in this thriving market. The space is divisible, with a minimum leasable area of 2,000 square feet and a maximum contiguous space of 3,000 square feet, offering flexibility for businesses of various sizes. This allows for potential multi-tenant occupancy or a single large tenant to occupy the entire space. The property's location at a major highway intersection ensures high daily traffic counts, providing significant exposure to potential customers. The zip code is 40351. This retail space is ideal for businesses seeking a prominent location with high visibility and ample space to accommodate their operations. The property's strategic location and flexible layout make it an attractive option for a wide range of retail businesses. Serious inquiries are encouraged to explore this exceptional leasing opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Total area 5,000 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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