Shopping Regional
Poplar Creek Plaza
320 Leonardwood Dr, Frankfort, KY 40601
Listing Price: $3,990,000
Cap Rate
8.50%
Gross SF
33,554
Rentable SF
33,554
Price/Gross SF
$118.91
Lot Size
5.42 acres
Year Built
1998
Investment Overview
Marcus & Millichap is pleased to bring to market Poplar Creek Plaza located in Frankfurt, Kentucky. The subject property is a 33,554-square-foot Walmart and Lowes that is 94 percent occupied.
Poplar Creek Plaza
Investment Highlights
- 94 Percent Occupied, 33,554-Square-Foot Walmart and Lowe's-Shadowed Three-Tenant Retail Strip
- Sandwiched Between 202,000-Square-Foot Walmart Supercenter and 115,000-Square-Foot Lowe's; Walmart and Lowe's See a Combined 2.8 Million Annual Customer Visits (Source: Placer.AI)
- Directly Off I-64 Exit Ramps (51,318 Vehicles Per Day), Located On Route 127 (32,912 Vehicles Per Day)
Listing Price: $3,990,000
Cap Rate
8.50%
Gross SF
33,554
Rentable SF
33,554
Price/Gross SF
$118.91
Lot Size
5.42 acres
Year Built
1998
Investment Highlights
- 94 Percent Occupied, 33,554-Square-Foot Walmart and Lowe's-Shadowed Three-Tenant Retail Strip
- Sandwiched Between 202,000-Square-Foot Walmart Supercenter and 115,000-Square-Foot Lowe's; Walmart and Lowe's See a Combined 2.8 Million Annual Customer Visits (Source: Placer.AI)
- Directly Off I-64 Exit Ramps (51,318 Vehicles Per Day), Located On Route 127 (32,912 Vehicles Per Day)
Investment Overview
Marcus & Millichap is pleased to bring to market Poplar Creek Plaza located in Frankfurt, Kentucky. The subject property is a 33,554-square-foot Walmart and Lowes that is 94 percent occupied.
