Located just south of the Gene Snyder’s Preston Hwy exit, Southgate Plaza is conveniently situated at the convergence of Commerce Crossings, Southgate Kroger, and the Preston Highway Walmart Supercenter. The existing tenant base has been riding a wave of complementary new developments along this corridor, which was initially kick-started by the addition of Menard’s in 2020. Since 2023, this pocket of Preston Highway has also seen ground-up developments from Chick-fil-A, Thornton’s, and Mike’s Car Wash, among numerous other projects actively moving their way through the pipeline. The growth of the area is also evident when viewing the traffic count on the stretch of Preston Highway just north of Southgate Plaza, which is up 26.9% from 2018 to 2023 (31,836 VPD to 40,414 VPD). The benefits of this growth have translated down to the property level. The plaza is anchored by Dollar Tree, which has the second highest foot traffic of their 27 Louisville locations (31,000 monthly visits from 22,200 unique visitors). Please note that although Suite 110 is available and ready for move-in, the existing tenant’s lease runs through September 30th, 2025. We don’t have any reason to anticipate unnecessary hurdles on that front, as the tenant moved their operation under the most amenable of circumstances. Their business simply needs additional space, and the tenants on either side of them have already executed long-term renewals.