Morgan Manor Shopping Center

1242 S Main Street Morgantown, KY 42261

1242 S Main Street, Morgantown, KY, 42261
1242 S Main Street, Morgantown, KY, 42261
Property Type:
Community Center
Last Verified:
Apr 07, 2021


  • Morgan Manor Shopping Center is a +/-35,000 SF community center
  • Suite 1238: +/-5,200 SF in-line space for lease
  • Property is located within an Opportunity Zone which provides significant tax benefits
  • Anchored by Hometown IGA Grocery and Family Dollar
  • Adjacent to McDonald's
  • Up to +/-9,000 SF for ground lease or build-to-suit
  • Rental Rate: $4.00 PSF NNN


NAI Isaac is pleased to present leasing opportunities within Morgan Manor Shopping Center, a +/-35,000 SF community center anchored by Hometown IGA Grocery and Family Dollar. Adjacent to McDonald's. Suite 1238: +/-5,200 SF in-line space for lease. Up to +/-9,000 SF also for ground lease or build-to-suit. This property is located within an Opportunity Zone which provides significant tax benefits.

Morgantown, Kentucky, located in Kentucky's caves, lakes and corvettes region, features the well known Green River, unique shops, home cooking restaurants, the Green River Museum, and events that take place throughout the year.

Butler County’s location, at the crossroads of the Natcher Parkway and the rapidly approaching Interstate 66, makes it a regional hub for the US. A new industrial park with a fiber optic internet gateway and a large manufacturing complex are ideally situated to host any number of business activities. Both new and long-time residents are discovering and rediscovering the joys of living in this delightful community. Butler County provides an ideal location for business, only a half days drive from 75% of the US population.

Building Size: 35000sq ft
Lot Size: 6.36 acres

Units for Lease

Suite 1238
Space Available: 5200 SF
Lease Type: NNN

Price Per Sqft/Year: $4.0

Map of 1242 S Main Street, Morgantown, KY, 42261

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.