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600 CW Stevens Blvd
Grayson, KY 41143
Grayson Corners Shopping Center-Former K-Mart · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Department Store
Building Size
101,841 SF
Building Class
B
Year Built
1992
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
10.81 AC
Zoning
Commercial
Parking
516 Spaces (5.07 Spaces per 1,000 SF Leased)

ABOUT 600 CW STEVENS BLVD , GRAYSON, KY 41143

Grayson Corners Shopping Center is located at 600 CW Stevens Boulevard in Grayson, Kentucky, and is visible from Interstate 64 near exit 172. The subject property is an approximate 101,841-square foot, multi-tenant building built in 1992 on an estimated 10.8 acres of land. The Shopping Center is currently vacant, creating a large value-add opportunity for an investor. There are 3 suites that were formerly occupied by K-Mart, Dollar Tree, and Divas salon. K-Mart had a strong sales history at this location, but the site was affected by the bankruptcy filing of their parent company, Sears Holdings. This ideal location has neighboring national tenants that include KFC, Enterprise, Dollar General, Pizza Hut, A&W, Subway, Fresenius, Tractor Supply Co., among many others. The subject property is located directly adjacent to Smithfield Packing, a major facility for Smithfield Foods, which recently announced a $1.2M expansion of the facility which will increase employment to over 600 residents. Grayson is also home to Kentucky Christian University whose campus is only one mile south of the subject property. Braidy Industries is in the process of completing an aluminum rolling mill in Greenup County, just a short ten minute drive from the subject property. This mill will provide more than 2,000 high paying jobs with average salaries near $75,000, and will be a significant stimulus to the local economy which is already trending upwards.

PROPERTY TAXES

  • Listing ID: 14408510

  • Date on Market: 11/17/2018

  • Last Updated:

  • Address: 600 CW Stevens Blvd, Grayson, KY 41143