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- LoopNet Team
5023 Mud Ln
Louisville, KY 40229
Southgate Plaza · Property For Lease
HIGHLIGHTS
- Adjacent to the 32 acre workforce hub of Commerce Crossings
- Preston Highway yielding an additional 26.9% vehicles per day compared to 2018
- Dollar Tree anchor drawing 31,000 monthly visits across 22,200 unique visitors; 2nd most foot traffic of their 27 Louisville locations
PROPERTY FACTS
| Property Type | Retail | Year Built | 2013 |
| Property Subtype | Storefront | Parking Ratio | 7.54/1,000 SF |
| Gross Leasable Area | 20,553 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 20,553 SF |
| Year Built | 2013 |
| Parking Ratio | 7.54/1,000 SF |
ABOUT THE PROPERTY
Located just south of the Gene Snyder’s Preston Hwy exit, Southgate Plaza is conveniently situated at the convergence of Commerce Crossings, Southgate Kroger, and the Preston Highway Walmart Supercenter. The existing tenant base has been riding a wave of complementary new developments along this corridor, which was initially kick-started by the addition of Menard’s in 2020. Since 2023, this pocket of Preston Highway has also seen ground-up developments from Chick-fil-A, Thornton’s, and Mike’s Car Wash, among numerous other projects actively moving their way through the pipeline. The growth of the area is also evident when viewing the traffic count on the stretch of Preston Highway just north of Southgate Plaza, which is up 26.9% from 2018 to 2023 (31,836 VPD to 40,414 VPD). The benefits of this growth have translated down to the property level. The plaza is anchored by Dollar Tree, which has the second highest foot traffic of their 27 Louisville locations (31,000 monthly visits from 22,200 unique visitors).
