467 Kroger Way Versailles, KY 40383
This versatile retail/commercial space, located at 467 Kroger Way in Versailles, Kentucky (zip code 40383), offers 1,272 to 3,548 contiguous square feet within an 8,536 square foot building. The property is situated in a thriving retail strip center zoned B4 general retail/business, benefiting from high visibility and excellent traffic flow. Its prime location is adjacent to a new Kroger and surrounded by a strong mix of established businesses including My Smile dental office, Jimmy Johns, Verizon, Goodwill, Starbucks, McDonald's, Wendy's, and a Holiday Inn. The single-story building provides ample parking with 55 spaces available for customers and employees. This location is ideal for a variety of retail or restaurant uses, benefiting from the growth of Versailles, a burgeoning suburb of Lexington, Kentucky, and its proximity to Keeneland race track. The space is available for multiple tenants, with a minimum leasable area of 1,272 square feet. This presents a unique opportunity to establish a presence in a high-demand area with a proven track record of success. The property's strong tenant base ensures consistent traffic and a stable investment.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.