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  1. Retail Space
  2. KY
  3. Frankfort
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For Lease

Century Plaza

1127 US Hwy 127 S, Frankfort, KY 40601

133,231

SF Available
Century Plaza is located approximately 1 mile off of I-64 at Exit 53B in Frankfort, KY. The property is situated in a high traffic area on US 127, Frankfort's major retail corridor. Frankfort, the Capitol of the Commonwealth, is bisected by the Kentucky River and is the midway point between Kentucky's two largest markets of Lexington and Louisville. Frankfort is 29 miles west of Lexington, 54 miles east of Louisville and 107 miles southwest of Cincinnati. Frankfort is home to Kentucky State University, a four year liberal arts college, with an enrollment of 2,400 students. The city of Frankfort has grown steadily, relying on state government, manufacturing and spirits distilling to provide a strong employment base.NAI Isaac is pleased to present leasing opportunities at Century Plaza, a 85,000 SF recently renovated shopping center on 14.30 acres. Redevelopment opportunity for ground lease and a +/-0.37 AC outparcel for ground lease. Anchored by Dollar General and former Big Lots anchor space available. Area retailers include Lowe's, Home Depot and Walmart. Pylon signage available. Ample parking with 620 spaces. Excellent visibility and access from US 127 and within 1 mile of I-64. An average of 29,700 vehicles per day pass by the center. Strong demographic support with a population of 35,365 within a 5 mile radius and an average household income of $53,832. Landlord will provide standard white box to tenants, including drywall ready for paint, concrete ready for flooring, acoustical tile ceiling, lighting and restrooms. Competitive rates and flexible terms!

Key features

  • +/-24,769 vehicles per day in front of the center
  • +/-85,000 SF established retail shopping center with new to market 30,000 SF anchor position available
  • 620 parking spaces available
  • Anchored by Dollar General; former Big Lots anchor space available
  • Area retailers include Walmart, Lowe’s, Harbor Freight, Kroger, and more
  • COMPETITIVE RATES AND FLEXIBLE TERMS!
  • Excellent visibility and access from US 127 and within one mile of I-64
  • Frankfort is the Capitol of the Commonwealth of Kentucky drawing from Kentucky's two largest markets of Lexington and Louisville
  • Ground lease available to accommodate up to 50,000 SF building
  • Landlord will provide standard white box finish
  • Pylon signage available
  • With over 21,000 jobs, State Government is the leading industry in Frankfort

Rental Details

  • Number of spaces 11
  • Total square feet available 133,231 SF
  • For Lease Contact for pricing
  • Space Types Retail
  • Lease Type NNN
  • Date Updated May 26, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

For Lease 11 Spaces Available

Major A (former Big Lots)

  • Space Type Retail
  • Lease Rate $4.00 - $6.00/SF/YR
  • Total Space Available 30,000 SF
  • Divisible Space 30,000 - 30,000 SF
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sublease No
broker
Paul Ray Smith Jr.

NAI Isaac

Major B

  • Space Type Retail
  • Lease Rate Contact for pricing
  • Total Space Available 50,000 SF
  • Divisible Space 50,000 - 50,000 SF
  • Available Date Immediate
  • Renewal Option Yes
  • Sublease No
broker
Paul Ray Smith Jr.

NAI Isaac

Outparcel

  • Space Type Retail
  • Lease Rate Contact for pricing
  • Total Space Available 16,117 SF
  • Divisible Space 0.37 - 0.37 SF
  • Available Date Immediate
  • Renewal Option Yes
  • Sublease No
broker
Paul Ray Smith Jr.

NAI Isaac

Suite 1

  • Space Type Retail
  • Lease Rate $8.00/SF/YR
  • Total Space Available 8,450 SF
  • Divisible Space 8,450 - 8,450 SF
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sublease No
broker
Paul Ray Smith Jr.

NAI Isaac

Suite 10

  • Space Type Retail
  • Lease Rate $10.00/SF/YR
  • Total Space Available 1,400 SF
  • Divisible Space 1,400 - 1,400 SF
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sublease No
broker
Paul Ray Smith Jr.

NAI Isaac

Suite 12

  • Space Type Retail
  • Lease Rate $10.00/SF/YR
  • Total Space Available 5,000 SF
  • Divisible Space 5,000 - 5,000 SF
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sublease No
broker
Paul Ray Smith Jr.

NAI Isaac

Suite 2

  • Space Type Retail
  • Lease Rate $10.00/SF/YR
  • Total Space Available 3,200 SF
  • Divisible Space 3,200 - 3,200 SF
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sublease No
broker
Paul Ray Smith Jr.

NAI Isaac

Suite 3

  • Space Type Retail
  • Lease Rate $10.00/SF/YR
  • Total Space Available 7,864 SF
  • Divisible Space 7,864 - 7,864 SF
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sublease No
broker
Paul Ray Smith Jr.

NAI Isaac

Suite 4

  • Space Type Retail
  • Lease Rate $10.00/SF/YR
  • Total Space Available 4,000 SF
  • Divisible Space 4,000 - 4,000 SF
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sublease No
broker
Paul Ray Smith Jr.

NAI Isaac

Suite 7

  • Space Type Retail
  • Lease Rate $10.00/SF/YR
  • Total Space Available 6,000 SF
  • Divisible Space 6,000 - 6,000 SF
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sublease No
broker
Paul Ray Smith Jr.

NAI Isaac

Suite 8

  • Space Type Retail
  • Lease Rate $10.00/SF/YR
  • Total Space Available 1,200 SF
  • Divisible Space 1,200 - 1,200 SF
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sublease No
broker
Paul Ray Smith Jr.

NAI Isaac

Contacts

broker
Paul Ray Smith Jr.

NAI Isaac

Building Details

  • For Lease Contact for pricing
  • Property Type Retail
  • Property Size 85,000 SF
  • Lot Size 14.3 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated May 26, 2026

Attachments

  • Property Brochure 1 ()opens in new window
  • Property Brochure 2 ()opens in new window
  • Property Brochure 3 ()opens in new window

Getting Around

  • Walk Score ®

    Somewhat Walkable (53)
  • Bike Score ®

    Somewhat Bikeable (23)
Powered by Walk Score ®

Location

  • City Frankfort, KY
  • Zip Code 40601
  • Market Lexington
  • Map
  • Street

Points of Interest

Kroger

0.74 miles

Marathon

0.82 miles

BP

3.23 miles

Sunoco

3.69 miles

Shell

4.51 miles

Save-A-Lot

0.81 miles

Walmart Supercenter

1.03 miles

American Freight

3.96 miles

Kroger

4.13 miles

Kohl's

4.22 miles

TJ Maxx

4.27 miles

1127 US Hwy 127 S Listing Summary

  • The Price for Retail Space at 1127 US Hwy 127 S

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. For details on asking rent or information on other costs, use the contact form available on this page to reach out to the property representative.

    Reach out to the listing broker for information on best parking and other access options at or near the property.

  • Retail Space Options Available at 1127 US Hwy 127 S

    The property exclusively contains Retail space totaling 133,231 square feet. The leasing opportunity here is available under NNN lease terms.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 8 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 1127 US Hwy 127 S, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. The property includes 3 large retail space(s) of more than 10,000 square feet, which is typically a good choice for businesses that need lots of showroom space or the flexibility to set up specialized operations. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

Contact Listing Broker
broker
Paul Ray Smith Jr.

NAI Isaac

  1. 1Main information
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