1002 Mill St Leitchfield, KY 42754
Leitchfield Place Shopping Center presents a compelling investment opportunity in a thriving Kentucky market. This 40,000 square foot retail strip center boasts a prime location in Leitchfield's main retail corridor, strategically positioned between major anchors like Walmart and Tractor Supply Company. Currently, 9,000 square feet of retail space is available, offering significant potential for expansion or new tenancy. The center has undergone recent redevelopment, ensuring modern amenities and a high-quality presentation. Its convenient access from the Western Kentucky Parkway provides excellent visibility and accessibility for customers from both east and west. Located in Grayson County, Kentucky, Leitchfield benefits from a protected market serving the entire county and drawing customers from a 30-mile radius. The area's appeal is further enhanced by significant tourist attractions such as the expansive Rough River Dam State Park, contributing to a robust and diverse customer base. The property is zoned for commercial retail use and offers a unique chance to capitalize on a strong, established market with significant growth potential. The center's location, approximately 35 miles west of Elizabethtown and 75 miles southwest of Louisville, provides easy access to larger population centers. This opportunity is ideal for investors seeking a well-positioned retail property in a growing Kentucky market. The available space presents a blank canvas for a variety of retail concepts.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.