2000-2236 Paris By-Pass Paris, KY 40361
This single-story, 120,784 square foot shopping center in Paris, Kentucky, offers exceptional retail space. Currently, 17,624 square feet is available, divisible into units ranging from 1,200 to 14,024 contiguous square feet. The center boasts a strong anchor tenant, Save-A-Lot Grocery, and is complemented by co-tenants including Fastenal, H&R Block, and Subway. Its strategic location on the Paris By-Pass (2000-2236) benefits from high visibility and an average daily traffic count of 14,500 vehicles (as of 2019). Nearby, you'll find other major retailers such as Tractor Supply and a Walmart Supercenter, further enhancing the area's retail draw. The property features ample parking and marquee signage opportunities. Zoned 026-00-00-044.00 in Bourbon County, this center presents a prime opportunity for businesses seeking high-traffic exposure in a thriving community. Potential exists for outlot development via ground lease or build-to-suit options. The city of Paris, known as the "Thoroughbred Capital of the World," is conveniently located just 15 minutes northeast of Lexington. This property is situated in a high-traffic area with excellent visibility and ample parking.
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
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.