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Smiths Grove Development 577 S Main St
8,400 SF of 5-Star Retail Space Available in Smiths Grove, KY 42171
Highlights
- Located at the Smiths Grove I-65 interchange, which sees more than 45,000 VPD, ensuring substantial exposure to potential customers.
- Retail center offering flexible space configurations to accommodate multiple tenants, with potential drive-thru capabilities on both end caps.
- Land is subdividable, allowing for the development of commercial lots on Main St, ideal for retail, fast food, QSR, banking, pharmacy, and more.
- Adjacent to the new T.J. Regional Health development and close to the newly opened Buc-ee's travel center.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 8,400 SF | 1-15 Years | $28.00 /SF/YR $2.33 /SF/MO $301.39 /m²/YR $25.12 /m²/MO $19,600 /MO $235,200 /YR | Triple Net (NNN) |
1st Floor
Brand new retail center coming soon located right off Interstate 65 in Smiths Grove, KY. This space will be Class A and is the perfect location for many different things. Rent range of $25-$30/sq ft based on tenants needs.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS FOR 577 S Main St , Smiths Grove, KY 42171
Property Type | Retail | Gross Leasable Area | 8,400 SF |
Property Subtype | Restaurant | Construction Status | Proposed |
Property Type | Retail |
Property Subtype | Restaurant |
Gross Leasable Area | 8,400 SF |
Construction Status | Proposed |
About the Property
Brand new retail center set to begin in Fall 2024 in Smiths Grove, KY. Buc-ee's newest location is a quarter of a mile away and will ignite a wildfire of opportunity in this market! This property is also adjacent to a newly announced medical facility (T.J. Regional Health) on the corner of Main St and Vincent St. Open to any and all tenants looking for a Class A retail center to be a part of in a growing community!
DEMOGRAPHICS
Demographics
Presented by
Smiths Grove Development | 577 S Main St
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