Towne Centre

US Highway 31 West Elizabethtown, KY 42701

US Highway 31 West, Elizabethtown, KY, 42701
US Highway 31 West, Elizabethtown, KY, 42701 US Highway 31 West, Elizabethtown, KY, 42701 US Highway 31 West, Elizabethtown, KY, 42701 US Highway 31 West, Elizabethtown, KY, 42701 US Highway 31 West, Elizabethtown, KY, 42701 US Highway 31 West, Elizabethtown, KY, 42701 US Highway 31 West, Elizabethtown, KY, 42701 US Highway 31 West, Elizabethtown, KY, 42701 US Highway 31 West, Elizabethtown, KY, 42701
FOR LEASE
Property Type:
Community Center
Amount:
Please Call Broker for Price

Last Verified:
Dec 13, 2024

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Highlights

  • Towne Centre, a community shopping center with a GLA of +/-173,044 SF, is situated on the west side of US 31 (North Dixie Avenue)
  • The center is anchored by Kroger, Norton Healthcare, Panera and Jo-Ann Fabric; Other retailers include Pet Supplies Plus, Jersey Mike's Subs and Sally Beauty Supply
  • Recently renovated expanded Kroger
  • Towne Centre is adjacent to Towne Mall, a +/-340,000 SF regional mall anchored by Belk, JCPenney and Burkes Outlet
  • Mall Park, a power center is just north of Towne Centre, anchored by Barnes & Noble, T.J. Maxx, Ross Dress For Less, Old Navy and Michaels
  • An At Home, Staples anchored center is located directly across US 31W. Also in the immediate area are Walmart Supercenter, Lowe's, Target, Home Depot, Academy Sports, Hobby Lobby, Sam’s Club and Menard's
  • The annual average daily traffic count in Elizabethtown is on US 31W near Towne Centre: +/-35,048 (‘18)
  • The Elizabethtown Sports Park, 150-acres, has 12 baseball and softball diamonds, 10 natural turf soccer and football fields, 2 full-size synthetic turf fields and draws an estimated 57,000 visitors annually from 35 states
  • NNN's estimated to be $2.80 PSF

Description

NAI Isaac is pleased to present Towne Centre, a community shopping center with a GLA of +/-173,044 SF, is situated on the west side of US 31 (North Dixie Avenue). The center is anchored by Kroger (60,727 SF), Norton Healthcare (25,263 SF) and Jo-Ann Fabric (12,000 SF); Other retailers include Pet Supplies Plus, Jersey Mike's Subs and Sally Beauty Supply. Towne Centre is adjacent to Towne Mall, a 340,000 SF regional mall anchored by Belk, Burke's Outlet and JCPenney. Mall Park, a power center is just north of Towne Centre, anchored by Barnes & Noble, T.J. Maxx, Ross Dress For Less, Old Navy and Michaels. An At Home, Staples anchored center is located directly across US 31W. Also in the immediate area are Walmart Supercenter, Lowe's, Target, Home Depot, Academy Sports, Hobby Lobby, Sam’s Club and Menard's. The annual average daily traffic count in Elizabethtown is on US 31W near Towne Centre: +/-35,048 (‘18). The Elizabethtown Sports Park, 150-acres, has 12 baseball and softball diamonds, 10 natural turf soccer and football fields, 2 full-size synthetic turf fields and draws an estimated 57,000 visitors annually from 35 states.

Primary access to Towne Centre is a 2 lane dedicated entrance drive between Towne Centre & Towne Mall (Towne Centre Drive) which connects to US 31W and Veterans Way. The traffic signal at this intersection makes access quick and easy for customers.

Elizabethtown is the county seat of Hardin County and is located at the intersection of three major highways: I-65, Bluegrass Parkway and the Western KY Parkway.

Fort Knox Military Reservation, the sixth largest urban community in KY, is +15 miles north of the center and a population of over 40,000 soldiers, family members and civilian employees.

Elizabethtown has a developing industrial and commercial economy. A variety of products are manufactured in Elizabethtown. The Fort Knox Military Installation is a major part of the region's economy. The city's major employment sectors are healthcare, education, construction, accommodation and food services, manufacturing, social services and the government. About 32% of the labor force is found in management, professional and related occupations. Sales and office occupations comprise about 25% of the workforce. Production, transportation and material moving jobs provide about 17% of the jobs in Elizabethtown.

Building Size: 173044sq ft
Lot Size: 0 acres


Documents

Towne Centre, Elizabethtown
As Built - Towne Center - Suite 207.pdf

Units for Lease

Suite 207
Space Available: 1634 SF
Lease Type: NNN

Price Per Sqft/Year: $18.00

Map of US Highway 31 West, Elizabethtown, KY, 42701

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.