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    OFF-MARKET
    Super regional malls

    & I-75 Barnes Mill Rd, Richmond, KY 40475

    685,000 SF
    Property ID
    Property summary
    AI-generated overview

    Richmond Centre, a prominent 685,000 square foot regional shopping mall in Richmond, Kentucky, offers exceptional retail opportunities. Strategically located at the intersection of Barnes Mill Road and I-75, this dominant retail center boasts a strong anchor tenant lineup including Meijer, JCPenney, Belk, Cinemark, T.J. Maxx, HomeGoods, Ulta, Dick's Sporting Goods, and Michaels. The property features multiple available spaces ranging from a minimum of 958 square feet to a maximum contiguous space of 7,429 square feet, with a total of 23,212 square feet currently vacant. This high-traffic location benefits from an average daily traffic count exceeding 62,637 vehicles on I-75 at Exit 87 (2019 data). Situated in Madison County, one of Kentucky's fastest-growing communities, Richmond Centre is the largest retail center on I-75 between Lexington, KY and Knoxville, TN. Development opportunities also exist with outparcels and building pads available for sale, ground lease, or build-to-suit arrangements for qualified tenants. This presents a unique chance to establish a presence in a thriving retail market within a well-established and successful shopping center.

    Property profile
    Verified
    Property type Super regional malls
    Total area 685,000 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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