Highland Commons | Food Lion Anchored Shopping Center
For sale is the 100% fee-simple interest in Highland Commons, a 39,200 square foot grocery anchored shopping center located in Glasgow, Kentucky. Located on heavily-trafficked U.S. Route 31 East, the property features an ideal mix of both tenured and new tenants including Food Lion, Rent-A-Center, Check Into Cash, Hayes Shoes and Remedy Vapor. The property features quality construction along with pylon signage and has multiple access points from S L Rogers Well Blvd (U.S. Route 31 East) and Lowe’s Home Improvement. Currently 96.17% leased, Highland Commons features average in-place rent of $13.58 per square foot, and provides the investor with a stable investment with strong grocery anchor. The shopping center faces U.S. Route 31 East and shares access with the adjacent Lowe’s Home Improvement shopping center. The property is surrounded by national retailers including Lowe’s Home Improvement, Walgreens, Hardee’s, Goodwill, KFC, Rally’s, White Castle, Burger King, Dollar General, Freddy’s Frozen Custard & Steakburgers, Taco Bell, McDonald’s, Domino’s Pizza, Wendy’s, Pizza Hut, Little Caesars Pizza, Papa John’s Pizza, Walmart Supercenter, Applebee’s, and many others.