& I-75 Barnes Mill Rd, Richmond, KY 40475
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.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.