±113,000 SF Shopping Center | Grand Vue Plaza

Highlights:

• ±113,000 SF Dollar General & Save-A-Lot anchored retail center, serving as a primary retail hub for Hazard and surrounding areas
• The property boasts a strong historical occupancy, showcasing the property’s viability, tenant retention, and market demand; surge in daytime traffic further underscores Hazard’s regional draw
• Limited flat, buildable land in the market constrains new retail supply; CoStar’s data indicates a retail vacancy rate of approximately ±0% within a 20-mile radius
• Upside through converting gross leases to NNN and implementing rent adjustments
• Recent capital improvements include installation for solar panels of operating efficiency
• NOI: ±$541,000

Description:

Ri Marketplace Online Auction December 15th-17th, 2025
Register to bid on Marketplace

https://rimarketplace.com/auction/2911/113-000-sf-shopping-center-grand-vue-plaza?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2911

Friedman Real Estate, in partnership with RI Marketplace, is pleased to present Grand Vue Plaza, a ±113,607 SF Dollar General and Save-A-Lot anchored retail center located at 94–154 Grand Vue Plaza, Hazard, Kentucky. The property sits on ±11.1 acres and is currently 79% occupied, generating a net operating income (NOI) of approximately $541,000. Grand Vue Plaza serves as one of the area’s primary retail destinations, attracting consistent local and regional traffic.

The center features a diverse tenant mix including national, regional, and local operators such as Dollar General, Save-A-Lot, Molina Healthcare, and the Kentucky State Forestry Department. The property benefits from a strong historical occupancy rate, limited new retail supply due to scarce buildable land, and upside potential through conversion of gross leases to NNN structures and rent adjustments. Recent capital improvements—including solar panel installation—enhance operational efficiency. With a stable income stream, value-add opportunities, and strong market fundamentals, Grand Vue Plaza represents a compelling investment opportunity in Eastern Kentucky’s retail corridor.


Lamar P. Fisher
Fisher Auction Company Inc.
License: 257072
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

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