Grand Central Place

For Lease

2835 S Highway 27, Somerset, KY 42503

You can currently find 7 retail space(s) available for lease at Grand Central Place. Designated use type for space listed here includes power center and retail. Current retail listings at this property total 44,455 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Grand Central Place.

Space Available For Lease 7

Contacts

broker

Paul Ray Smith, Jr

NAI Isaac

Property Details

  • Property Type Retail - Power Center
  • Property Size 293,613 SF
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Date Updated Nov 14, 2024
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. Somerset is located at the convergence of Knox, Laurel and Whitley Counties and serves a regional trade area population of 195,000 plus. Lake Cumberland also provides considerable tourist/weekend shoppers.Grand Central Place is a recently renovated 290,414 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 Kroger, Tuesday Morning, Hobby Lobby, Goody's, Dunham Sports & TJ Maxx.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 Hobby Lobby, Dunham Sports and TJ Maxx. Planet Fitness and Ollie's Bargain Outlet NOW OPEN! 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. Somerset is located at the convergence of Knox, Laurel and Whitley Counties and serves a regional trade area population of 195,000 plus. Lake Cumberland also provides considerable tourist/weekend shoppers.

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Highlights

  • 293,613 SF regional shopping center anchored by Hobby Lobby, TJ Maxx and Dunham’s Sports
  • 750 – 25,000 SF available for lease
  • Planet Fitness and Ollie's Bargain Outlet NOW OPEN!
  • Excellent visibility and access from US Highway 27 (+26,818 ‘19 ADT)
  • Regional retail trade area population of over 255,000*
  • 3.9 million people visited Lake Cumberland in 2011**
  • Pylon signage available
  • Below market rental rates and flexible terms
  • Renovated property with creative and aggressive ownership
  • Professionally managed by NAI ISAAC Property Management Team

Attachments

Getting around

  • 34/100

    Walk Score ®

  • 31/100

    Bike Score ®

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Location

  • City Somerset, KY
  • Zip Code 42503

Points of Interest

  • Murphy USA

    1.03 miles

  • Speedway

    1.03 miles

  • Midland Farms

    1.08 miles

  • Shell

    1.57 miles

  • Marathon

    2.01 miles

  • Valero

    2.54 miles

  • Kroger

    2.67 miles

  • Sunoco

    2.94 miles

  • Bus Lot

    3.94 miles

  • East Parking Lot

    4.27 miles

  • Big Boy

    0.10 miles

  • Pizza Hut

    0.12 miles

  • Bob Evans

    0.19 miles

  • Mellow Mushroom

    0.22 miles

  • Texas Roadhouse

    0.25 miles

  • Taco John's

    0.28 miles

  • Fazoli's

    0.31 miles

  • Cook Out

    0.35 miles

  • Long John Silver's

    0.35 miles

  • Chick-fil-A

    0.53 miles

  • TJ Maxx

    0.09 miles

  • Kroger Marketplace

    0.30 miles

  • Ross

    1.01 miles

  • Walmart Supercenter

    1.05 miles

  • ALDI

    1.19 miles

  • Belk

    1.21 miles

  • Somerset Mall

    1.27 miles

  • JCPenney

    1.35 miles

  • Save-A-Lot

    2.30 miles

  • Superior Market

    2.46 miles

2835 S Highway 27 Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    The rent for retail space at 2835 S Highway 27 is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.

  • The property includes 44,455 square feet of retail space for lease. Of this total, 40,955 square feet are Power Center, 3,500 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Paul Ray Smith, Jr

NAI Isaac

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