Property profile

& I-75 Barnes Mill Rd Richmond, KY 40475

OFF-MARKET
Super regional malls
685,000 SF
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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

Location

& I-75 Barnes Mill Rd Richmond, KY 40475
Richmond metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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