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This exceptional 0.96-acre site, zoned C-1, offers 10,000 square feet of available retail space, divisible to 1,500 square feet. Located on Preston Highway, this property boasts unparalleled visibility to over 40,000 vehicles daily, situated adjacent to Chili's and in front of the 240-acre Commerce Crossing business park. The site benefits from its proximity to a 312-unit Class-A apartment complex and the proposed 14,000 square foot Apex Center. The surrounding area is thriving, anchored by major retailers including Kroger, Walmart, Kohl's, and Lowe's, along with numerous national and regional chains. This high-traffic location shows a 1.58% annual population growth rate within a one-mile radius, presenting significant growth potential. The owner is open to various options, including sale, ground lease, build-to-suit, or development of a retail center, making this a highly flexible and attractive investment opportunity. The property is a single-story building, part of a neighborhood/strip center, and offers easy access to Interstates 265 and 65. The base monthly rent is estimated between $20,833 and $21,666. This is an ideal location for retail, medical, or office development.
Highlights
10,000 SF retail building on a 0.96-acre lot, fully vacant and available for lease or sale.
Located on Preston Highway, near Chili's and a 240-acre business park.
Zoned C-1, suitable for retail, medical, or office use.
High visibility with over 40,000 vehicles per day.
Strong demographics with over 1.58% annual population growth within a 1-mile radius.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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