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Merchant Place - Out Parcel #2

2047 Merchant Drive, Richmond, KY 40475

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Overview

Merchant Place is located directly off the Robert Martin Bypass at Four Mile Rd in Richmond Ky. It consists of 52.6 acres, approx. 500,000 SF, anchored by Kohl’s. Outlots and in-line space are available. Rates are subject to build to suit and/or subdivision details and there is flexibility on the lot size offerings.

Property Highlights:

- Located off Richmond Bypass between Merrick Road and Four Mile Road, approximately 20 minutes south of Lexington

- Kohl's Department Store anchored site with outparcels available for ground lease

- Located in the growth corridor of Richmond, surrounded by homes in every direction

- 600+ new homes recently constructed directly adjacent to the site

Out Parcel #2: 1.772 acres

Available For Sale - $750,000/acre

Available for Ground Lease - $80,000/acre/year.

Lot #3: 6 Acres

Available For Sale or Build to Suit: $300,000/acre

Lease Spaces

NameRateAcresStatus
Merchant Place - Out Parcel #2$11,813 /Month1.77 acavailable

For Lease

Land
Lease Rate
$11,813 Month
Acres
1.7549 ac
Zoning
B-3
Lease Type
NNN
County
Madison
Available
12/09/2024
Listed
06/21/2018
Updated
05/28/2026
Listing ID
dc53247f
Parcel APN
0068-008A-0010-2