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Property profile

2000-2236 Paris By-Pass Paris, KY 40361

OFF-MARKET
Retail properties & Spaces
120,784 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 120,784 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2000-2236 Paris By-Pass Paris, KY 40361
Paris metro
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Value estimations

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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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