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Towne Centre US Highway 31 W 12,000 SF of Retail Space Available in Elizabethtown, KY 42701
HIGHLIGHTS
- Towne Centre, is a community shopping center with a GLA of 173,044 SF
- +/-12,000 SF for lease
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 219 | 12,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
149 Towne Dr - 1st Floor - Ste 219
Can possibly be divided
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap 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.
SITE PLAN
SELECT TENANTS AT TOWNE CENTRE
- Hancock Fabrics
- HH Gregg
- Kroger
PROPERTY FACTS
| Total Space Available | 12,000 SF | Frontage | US 31W |
| Center Type | Community Center | Gross Leasable Area | 202,923 SF |
| Parking | 400 Spaces | Total Land Area | 32.25 AC |
| Center Properties | 4 | Year Built | 1988 |
| Total Space Available | 12,000 SF |
| Center Type | Community Center |
| Parking | 400 Spaces |
| Center Properties | 4 |
| Frontage | US 31W |
| Gross Leasable Area | 202,923 SF |
| Total Land Area | 32.25 AC |
| Year Built | 1988 |
ABOUT THE PROPERTY
NAI Isaac is pleased to present Towne Centre, a community shopping center with a GLA of +/-173,044 SF, is situated on the west side of US 31 (North Dixie Avenue). The center is anchored by Kroger (60,727 SF) andNorton Healthcare (25,263 SF); Other retailers include Pet Supplies Plus, Jersey Mike's Subs and Sally Beauty Supply. Towne Centre is adjacent to Towne Mall, a 340,000 SF regional mall anchored by Belk, Burke's Outlet and JCPenney. Mall Park, a power center is just north of Towne Centre, anchored by Barnes & Noble, T.J. Maxx, Ross Dress For Less, Old Navy and Michaels. An At Home, Staples anchored center is located directly across US 31W. Also in the immediate area are Walmart Supercenter, Lowe's, Target, Home Depot, Academy Sports, Hobby Lobby, Sam’s Club and Menard's. The annual average daily traffic count in Elizabethtown is on US 31W near Towne Centre: +/-35,048 (‘18). The Elizabethtown Sports Park, 150-acres, has 12 baseball and softball diamonds, 10 natural turf soccer and football fields, 2 full-size synthetic turf fields and draws an estimated 57,000 visitors annually from 35 states. Elizabethtown is the county seat of Hardin County and is located at the intersection of three major highways: I-65, Bluegrass Pkwy and the Western KY Pkwy. Fort Knox Military Reservation, the sixth largest urban community in KY, is 15 miles north of the center and has nearly 400,000 visitors annually. Primary access to Towne Centre is a 2 lane dedicated entrance drive between Towne Centre & Towne Mall (Towne Centre Dr.) which connects to US 31W. The traffic signal at this intersection makes access quick and easy for employees & customers.
NEARBY MAJOR RETAILERS
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Towne Centre | US Highway 31 W
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