Listing Summary
±4.2-acres of C-1–zoned land poised for retail and QSR.
Full Description
Strategic Ground Lease Opportunity: $\approx 4.2$ Acres Retail/QSR Development Site
Available for ground lease at $125,000 per acre/year, this $\approx 4.2$-acre parcel, zoned C-1, is earmarked for a new retail strip center development. This site offers an ideal chance for a creditworthy operator to secure a position in a high-demand market.
Investment Strategy: Lease the pad without tying up development capital. The owner will develop the surrounding site, benefiting you with immediate co-tenancy. Taking the first position allows you to influence the overall site design and tenant mix.
Target Market: This location is poised to service the large, currently underserved workforce from GE and surrounding industrial/commercial facilities.
Suitable Uses: Drive-thru concepts, quick-service restaurants (QSR), bank branches, medical offices, and specialty retail (subject to C-1 approval). Lease economics and pad size are fully negotiable.
Quick Glance
- Listing ID:
CL-Kentucky-27248
- Status:
Active
- Year Build:
N/A
- Building Size:
N/A
- Lot Size:
N/A