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Prospect Village 5905-6055 Timber Ridge Dr 1,250 - 8,335 SF of Retail Space Available in Prospect, KY 40059
HIGHLIGHTS
- Signalized entrance off of Hwy 42.
- Located in a high income area of Prospect, KY.
- Anchored by Kroger.
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 17 | 1,460 SF | Negotiable | $27.92 CAD/SF/YR $2.33 CAD/SF/MO $40,761 CAD/YR $3,397 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 3 | 1,250 SF | Negotiable | $27.92 CAD/SF/YR $2.33 CAD/SF/MO $34,898 CAD/YR $2,908 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 5 | 4,360 SF | Negotiable | $27.92 CAD/SF/YR $2.33 CAD/SF/MO $121,724 CAD/YR $10,144 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 6 | 1,265 SF | Negotiable | $27.92 CAD/SF/YR $2.33 CAD/SF/MO $35,317 CAD/YR $2,943 CAD/MO | Triple Net (NNN) |
5907-6055 Timber Ridge Dr - 1st Floor - Ste 17
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
5907-6055 Timber Ridge Dr - 1st Floor - Ste 3
1,250 SF of retail space available for lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Ample Parking
- Anchored to Kroger.
5907-6055 Timber Ridge Dr - 1st Floor - Ste 5
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 5,625 SF of adjacent space
5907-6055 Timber Ridge Dr - 1st Floor - Ste 6
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 5,625 SF of adjacent space
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.
SELECT TENANTS AT PROSPECT VILLAGE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Baptist Medical Assoc
- Health Care and Social Assistance
- 1
- -
- Great Clips
- Salon/Barber/Spa
- 6,156
- International
- Kroger
- -
- -
- -
- Papa John's
- Pizza
- 3,913
- International
- Subway
- Sub Sandwich
- 28,950
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Baptist Medical Assoc | Health Care and Social Assistance | 1 | - |
| Great Clips | Salon/Barber/Spa | 6,156 | International |
| Kroger | - | - | - |
| Papa John's | Pizza | 3,913 | International |
| Subway | Sub Sandwich | 28,950 | International |
PROPERTY FACTS
ABOUT THE PROPERTY
Kroger anchored retail space in Prospect, a part of the Louisville, KY MSA. Small shop space available. Signalized access from Hwy 42. High income area. Easy access to I-265 & I-71.
- Dedicated Turn Lane
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Prospect Village | 5905-6055 Timber Ridge Dr
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