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.

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)

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    License(s): KY: 242197

    Kentucky

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.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    License(s): KY: 242197

    Kentucky

MM Texture Background
MM Textured Background Lower