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Property profile & analytics
FOR LEASE
Strip malls

751 Slone Dr Georgetown, KY 40324

45,920 SF 4.52 ac lot
Entity Owned 7-yr Hold Free & Clear
Property ID
US34-1988958
Property summary
AI-generated overview

This prime retail space, Indian Acres Shopping Center, offers 51,390 square feet of versatile commercial space in the thriving Georgetown, Kentucky market. Located at 751 Slone Dr, Georgetown, KY 40324, this multi-tenant shopping center boasts a strategic location with high visibility and accessibility. Currently, there are 13,800 square feet of vacant space available, divisible into units ranging from a minimum of 1,300 square feet to a maximum contiguous space of 8,600 square feet. The property is situated in Scott County, benefiting from a robust and growing local economy. The area experiences an average daily traffic count of approximately 18,106 vehicles per day, ensuring significant exposure for businesses. Georgetown and Scott County have seen substantial employment growth in recent years, fueled by factors including the well-established horse industry, expansion of local manufacturing, and the strong presence of the Toyota Motor Manufacturing plant. This positive economic climate creates a favorable environment for retail businesses seeking to establish or expand their presence. The property's location and the area's economic strength make it an exceptional opportunity for businesses looking for high-traffic retail space in a dynamic and growing market. The available space is ideal for a variety of retail uses, providing flexibility for potential tenants.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Total area 45,920 SF
Lot 4.52 ac (196,804 SF)
APN 167-30-239.000
UPID US34-1988958
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
Current use
Occupant on record · Public records
  • Scott County Humane Society Animal Shelter Pet Adoption Service
  • Evolved Personal Training Gym & Fitness Center
  • Minuteman Press (formerly Georgetown Printing LLC) Marketing & Advertising Printing Service
  • Isiah House Real Hope Behavioral Health Association / Organization
  • Employment Connections Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$795k
CAP Approach CAP
by Request
Comparable Approach Comparable
$919k
Blend (final) Blend
$855k
Owner & transaction history
Robert M Collins Properties LLC · 7 yrs held
Robert M Collins Properties LLC
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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