Paddock Shops, Louisville, KY 40241

Property Details for 0 Paddock Shops

Property type

Lifestyle centers

Property subtype

Power centers

Description

Paddock Shops, a thriving 367,500 square foot open-air lifestyle center in Jefferson County, Kentucky, presents an exceptional opportunity for retail and restaurant businesses. This premier shopping destination, boasting over 16.5 million annual visitors, serves northeastern Louisville and southern Indiana, a trade area exceeding the combined populations of Birmingham, Alabama, and Charleston, South Carolina. Currently, 10,476 square feet of retail space is available, divisible into units ranging from 900 to 7,000 contiguous square feet, ideal for a variety of businesses. The center enjoys a highly desirable location, easily accessible from I-265 and Brownsboro Road, with over 100,000 cars passing daily. Its tenant roster includes marquee retailers such as Williams-Sonoma, Pottery Barn, Gap, Athleta, Barnes & Noble, Orvis, and Build-a-Bear Workshop, underscoring its prestige and drawing power. The area's demographics are exceptionally strong, featuring higher incomes and education levels than comparable markets like Lexington, Birmingham, and Charleston. Over 59% of the population holds a Bachelor's degree or higher. Restaurant sales within the center exceed $27 million annually. The recent completion of the new East End Bridge further enhances accessibility, particularly for customers from southern Indiana. Tourism is a significant economic driver, representing the third-largest component of the local economy. This is a rare opportunity to secure space in one of Louisville's most successful and sought-after retail locations.

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Longitude

-85.5771

Latitude

38.308