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Shoppes at Russellville 236 Sam Walton Dr 1,300 - 11,600 SF of Space Available in Russellville, KY 42276
HIGHLIGHTS
- Shoppes at Russellville is a 68,613-square-foot neighborhood shopping center with brilliant storefront availabilities and a diverse tenant mix.
- Incredibly central location with prominent visibility from the heavily trafficked I-68 Bypass with prime monument signage opportunities.
- Contemporary features include a mechanical dock leveler, multiple restrooms, and a kitchenette in Suite 236, a 6,000-square-foot space.
- Center retailers include Dollar Tree, bealls, Radio Shack, Tokyo Japanese, and Russellville Dental Laboratory, adjacent to Walmart and Murphy Gas.
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 222 | 3,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 226 | 1,300 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 228 | 1,300 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor - 236 | 6,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste 222
1st Floor, Ste 226
1st Floor, Ste 228
1st Floor - 236
Space has 1 drive dock. Clear heigh is 16 feet. Drive in roller shutter door - Mechanical Dock leveler - Two restrooms - One Kitchenette
- Kitchen
- Private Restrooms
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 11,600 SF | Gross Leasable Area | 68,613 SF |
| Property Type | Retail | Year Built | 2008 |
| Property Subtype | Freestanding | Parking Ratio | 3.92/1,000 SF |
| Total Space Available | 11,600 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 68,613 SF |
| Year Built | 2008 |
| Parking Ratio | 3.92/1,000 SF |
ABOUT THE PROPERTY
Shoppes at Russellville at 236 Same Walton Drive is a well-positioned shopping center offering excellent retail space in a vibrant Kentucky locale along Highway 68. This freestanding, 68,613-square-foot retail center boasts welcoming, all-glass storefronts, abundant surface parking, and rear storage/flex space with contemporary features, like dock levelers, kitchenettes, and private restrooms. Recent property renovations include updated facades, redone pylon signage, restriped curbs, and new LED pole lighting. Home to a diverse tenant mix, Shoppes at Russellville contains an array of businesses, from national retailers to local restaurants and services, such as Dollar Tree, Bealls, Radio Shack, Tokyo Japanese, Russellville Dental Laboratory, and more. Walmart Supercenter, Murphy Gas, and a brand-new car wash, Thoroughbred Express, are right next door, contributing to the significant foot traffic in this heavily traversed area. Located between two signalized intersections with several ingress/egress points, the shopping center is easily accessible. Shoppes at Russellville's prime positioning along the bustling corridor of Highway 68, a significant thoroughfare that runs east/west across Kentucky, grants it superior connectivity and visibility, enhancing its efficacy for a wide range of users. Highway 68 provides some of the highest volume of vehicular traffic in Logan County. Within a 10-mile radius of the shopping center is a population of over 19,100, with a projected annual growth each year for the next five years, all contributing to the area's strong labor pool, thriving consumer base, and growing community.
DEMOGRAPHICS
Demographics
NEARBY AMENITIES
RETAIL |
||
|---|---|---|
| Cost Cutters | Salon/Barber/Spa | 2 min walk |
| AT&T Wireless | Wireless Communications | 2 min walk |
| Shoe Show | Shoes | 2 min walk |
| Walmart | Dept Store | 3 min walk |
| Woodforest National Bank | Bank | 3 min walk |
LEASING TEAM
LEASING TEAM
Robert Edward, Founder/President
Robert started off by founding Alea at the age of 24. Robert oversaw around 60 employees and as a team they serviced major corporations such as Barclays Bank, Standard Chartered, ABSA, United Nations, BP. Alea undertook the project of rebuilding Barclays Banks from manufacturing to installations of furniture to approximately 400 branches. Robert had then began to travel to attend exhibitions and visit clients in countries such as England, Germany, Italy, just to name a few. It was within all these travels that Robert's vision began to expand globally, "during my visits I saw that all the people in the world are the same in many ways. The only difference was me and when I realized that I learnt, adopted and made a decision that I could live and work anywhere in the world."
Albert Edward, Managing Director
Mr. Edward sits on the Cincinnati Rotaract Board as Treasurer.
Mr. Edward relationship with real estate started at the age of 13, when his father Mr. Robert Edward owned office Manufacturing plants globally. In his spare time Mr. Edward would operate / program these sophisticated pieces of machinery with little to no help, except by observation. This showed knowledge beyond his years. He was project manager at age 17, while still at school. This enhanced his knowledge, and helped him grow and uses this knowledge and expertise in the Real Estate field today.
Mr. Edward Graduated cum laude with a BA in Accounting from Lindsey Wilson College and was on the President list three out of the four years. While maintaining a remarkable GPA throughout his college career, Mr. Edward was also part of the Lindsey Wilson College Soccer team that won 1 National Championship and made 3 Final Four appearances. Through this remarkable achievement he was noticed and was drafted in the 2014 MLS superdraft.
ABOUT THE OWNER
OTHER PROPERTIES IN THE ALEA PROPERTIES PORTFOLIO
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Shoppes at Russellville | 236 Sam Walton Dr
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