Richmond Centre

Highlights

• Access & Visibility: The site has excellent visibility from I-75 with nearly one mile of frontage. Access is from two signalized entrances on Barnes Mill Road (Eastern By-Pass) as well as two additional connections on Goggins Lane.
• Market Data: Richmond is located south of Lexington on the I-75 corridor. Richmond/Madison County are one of the fastest growing areas within 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. The City of Richmond has enjoyed recent growth, is currently the 7th most populous in Kentucky and is the home of Eastern Kentucky University with approximately 14,465 students.
• Trade Area: Richmond’s location makes it the regional hub with the natural trade area extending significantly to the south and east. Richmond is the business, healthcare and educational center for parts of an eight-county area and has a trade area in excess of 200,000 people. Due to Richmond’s white collar employment base, the average incomes are high for the area. Within 10 miles of the subject site, the average household income is $79,290, with nearly 21.2% having a Bachelor’s or more advanced degree. A recent study found that as much as 59% of retail shoppers and restaurant patrons come from outside of Madison County.

Description

NAI Isaac is pleased to present Richmond Centre, a 685,000 SF regional shopping center anchored by Meijer, JCPenney, Belk, Cinemark, T.J. Maxx, HomeGoods, Ulta, Dick’s Sporting Goods and Michaels. Average daily traffic count of +/-62,637 ('19) ADT on I-75 at Exit 87. Located in Richmond/Madison County – one of the fastest growing communities in Kentucky. Richmond Centre is the dominant retail development in the market and the largest center on I-75 between Lexington, KY and Knoxville, TN. Outparcels and building pads available for sale, ground lease or built-to-suit for qualified tenants. Click to view property video https://youtu.be/cv0wpztweug.

Centrally located 21 miles south of Lexington and directly off I-75 at Exit 87, Richmond Centre is the premier shopping, dining and entertainment venue in south, central Kentucky. This 119-acre retail center is where you can truly simplify your life. Richmond's location makes it the regional hub with the natural trade area extending significantly to the south and east. Richmond is the business, healthcare and educational center for parts of an eight-county area and has a trade area in excess of 200,000 people.
Due to Richmond's white collar employment base, the average incomes are high for the area. Within 10 miles of the subject site, the average household income is $79,290, with nearly 21.2% having a Bachelor' s or more advanced degree. A recent study found that as much as 59% of retail shoppers and restaurant patrons come from outside of Madison County. Richmond is home to Eastern Kentucky University, which has a student enrollment of 14,465, as well as 1,600 employees.

Documents

Units for Lease