Shopping Center Retail FOR LEASE

400 Eastern Bypass Richmond, KY 40475

400 Eastern Bypass, Richmond, KY, 40475
400 Eastern Bypass, Richmond, KY, 40475
Property Type:
Strip Center
Last Verified:
Apr 28, 2021


  • 1,800 SF & 4,500 SF Available Now FOR LEASE
  • Walking Distance to EKU
  • $10 psf + CAM
  • 47,500 sf space is NEGOTIABLE
  • 100+ spaces cross-parking
  • End Cap unit near Mahaffey Drive


SVN Stone Commercial Real Estate is pleased to present 400 Eastern Bypass in Richmond. This 87,000 sf shopping center has two suites available NOW For Lease - 1,800 sf, and 4,500 sf. The center also has an opportunity to reposition 20,000-47,500 sf in a portion of the center that is currently occupied. Shoppers Village is also within walking distance to the EKU campus, tenants like Dollar General, Anytime Fitness, Papa John's and more have made their home at Shoppers Village for years. Contact Neal Metcalfe, SVN Advisor to tour the available suites, or 859-312-8069.

Richmond is centrally located and is south of Lexington on the I-75 corridor. Richmond is one of the fastest growing areas in Kentucky. Several identifiable factors contribute to this growth, such as easy interstate access, proximity to Lexington, lower cost of housing, good employment base, regional university, and cultural and educational opportunities. Richmond tied for the 30th in the Top Micropolitans in nation for new and expanded industry activity in 2010. The City of Richmond is currently the 7th most populous in Kentucky, up from 11th largest in the 2000 census and is the home of Eastern Kentucky University with approximately 17,000 students. Historic downtown Richmond is one of the finest 19th century commercial districts in the Southeast and is a unique blend of small town warmth and friendliness while still having access to the advantages of a big city.

Year Built: 1974
Building Size: 87020sq ft
Lot Size: 6.3 acres

Units for Lease

Space 1
Space Available: 47500 SF
Lease Type: NNN
Space 9
Space Available: 4500 SF
Lease Type: NNN

Price Per Sqft/Year: $10.0
Space 11
Space Available: 6000 SF

Map of 400 Eastern Bypass, Richmond, KY, 40475

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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.