Properties: New Kroger Marketplace Development
New Kroger Marketplace Development
$18.00 psf/year NNN (estimated at $3.50 psf/year) 33,250 sf Georgetown, KY
33,250 sf retail center to be developed and available for lease!
Join this new 125,000 sf Kroger Marketplace Development in the second fastest growing county in Kentucky. There will be a 33,250 +/- sf inline retail shopping center in the development that is currently available for pre-leasing. Ask price for space available is $18.00 psf/year plus NNN (estimated at $3.50 psf/year). Also available at this development are four retail outlot pads. Outlot A is 1.10 acres, outlot B is 1.15 acres, and outlot C is 1.16 acres and a potential for outlot D for 1.0 acres or less. Prices are $700,000 per acre. Will also consider land lease or build to suit options. Pads will be graded and have access to utilities. There will be access from the Georgetown by-pass (16,000 vehicles per day at intersection with US 25) and US 25 (23,000 vehicles per day at intersection with Georgetown by-pass). This area of Georgetown has seen tremendous growth in the past few years with new housing, office, hospital, and medical developments in the immediate area. Georgetown, Kentucky (Scott County) is the second fastest growing county in the state of Kentucky per the 2010 Census. This will be the only Kroger location in all of Georgetown and Scott County. The 125,000 sf Kroger Marketplace and Fuel Station is projected to open in the Fall of 2012.
