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TARGET Anchored Regional Power Center

I-64 & Highway 127, Frankfort, KY 40601

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Overview

Anchored by Target and BJ’s Wholesale Club, this newly development power regional retail center delivers exceptional visibility, access, and market draw. Positioned at one of the area’s most traveled intersections, the site offers immediate connectivity to both I-64 and US-127—capturing strong commuter flows and serving a wide regional trade area. This modern development is designed to accommodate top national retailers, restaurants, and service operators, featuring contemporary architecture, ample parking, and multiple access points optimized for high-volume customer traffic. Multiple lots are available for ground lease, offering retailers and developers the flexibility to customize building footprints and tailor spaces to their operational needs. With its powerhouse anchors, prime interstate positioning, and expanding surrounding demographics, this center is poised to become central Kentucky’s next dominant retail hub.

Available lot & ground lease rate:

Lot 2A - $135,000

Lot 4E - $160,000

Lot 4G - $125,000

Lot 11 - $135,000

Lot 15 - $100,000

Lease Spaces

NameRateSFAcresStatus
Development OpportunitiesNegotiable1 - 10,000 SF50 acavailable

For Lease

Retail
Lease Rate
Negotiable
Available SF
1 - 10,000 SF
Acres
88.763 ac
Zoning
C-2
Lease Type
NNN
Business Park
The Paddocks of Frankfort
Property Status
Speculative
County
Franklin
Listed
05/01/2024
Updated
04/01/2026
Listing ID
45f059da
Parcel APN
050-00-00-024.00