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Grand Central Place 2835 S Highway 27 1,000 - 39,867 SF of Retail Space Available in Somerset, KY 42501
HIGHLIGHTS
- Grand Central Place is located in the city of Somerset on US Hwy 27, 73 miles south of Lexington, Kentucky and 129 miles north of Knoxville, Tennessee
- Below market rental rates and flexible terms
- Excellent visibility and access from US Highway 27 (+27,944 ‘10 ADT)
SPACE AVAILABILITY (6)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 180 | 2,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 184 | 1,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 248 | 1,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 278 | 2,500-3,500 SF | 3-5 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 300 | 25,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 401 | 7,167 SF | 3-5 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable |
2835 S Highway 27 - 1st Floor - Ste 180
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
2835 S Highway 27 - 1st Floor - Ste 184
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
2835 S Highway 27 - 1st Floor - Ste 248
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
2835 S Highway 27 - 1st Floor - Ste 278
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
2835 S Highway 27 - 1st Floor - Ste 300
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
2835 S Highway 27 - 1st Floor - Ste 401
Rate range: $8.00 - $12.00 PSF NNN
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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.
SITE PLAN
SELECT TENANTS AT GRAND CENTRAL PLACE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Dunham's Sports
- Sporting Goods
- 320
- National
- Hobby Lobby
- Hobby
- 1,333
- National
- Ollie’s Bargain Outlet
- Dollar/Variety/Thrift
- 803
- National
- Planet Fitness
- Fitness
- 3,172
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Dunham's Sports | Sporting Goods | 320 | National |
| Hobby Lobby | Hobby | 1,333 | National |
| Ollie’s Bargain Outlet | Dollar/Variety/Thrift | 803 | National |
| Planet Fitness | Fitness | 3,172 | International |
PROPERTY FACTS
| Total Space Available | 39,867 SF | Center Properties | 1 |
| Min. Divisible | 1,000 SF | Gross Leasable Area | 299,833 SF |
| Center Type | Community Center | Total Land Area | 28.00 AC |
| Parking | 1560 Spaces | Year Built | 1987 |
| Stores | 30 |
| Total Space Available | 39,867 SF |
| Min. Divisible | 1,000 SF |
| Center Type | Community Center |
| Parking | 1560 Spaces |
| Stores | 30 |
| Center Properties | 1 |
| Gross Leasable Area | 299,833 SF |
| Total Land Area | 28.00 AC |
| Year Built | 1987 |
ABOUT THE PROPERTY
NAI Isaac is pleased to present Grand Central Place, a recently renovated 293,613 sf retail shopping center with 1,000 sf and up available for lease. Excellent visibility and access from US 27 with monument signage available for anchor tenants and below market rental rates and flexible terms. Grand Central Place is anchored by Tuesday Morning, Hobby Lobby, Dunham Sports & TJ Maxx. Planet Fitness and Ollie's Bargain Outlet NOW OPEN!
- Air Conditioning
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
NEARBY MAJOR RETAILERS
Presented by
Grand Central Place | 2835 S Highway 27
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