Lovers Lane @ Traditions Blvd
Lovers Lane | Land | 1.03 acres
Marketing description
Spanning 1.03 acres, this site is offered as an outright sale for development or a land appreciation play, plus build-to-suit and ground lease options are available.
The site is positioned at a corner along Lovers Lane, adjacent to the Bowling Green-Woodhurst Airport, and 2.2 miles from Interstate 65. This opportunity is truly shovel-ready, as the land has been graded with all utilities and stormwater connected. The Highway Business zoning is highly flexible and allows for mixed-use projects for retail, automotive services, hotels, recreation, entertainment, self-storage, offices, restaurants, and more.
Lovers Lane is an up-and-coming corridor that has seen immense development recently. Some of the marquee projects established off the thoroughfare since 2020 include Ewing Point at Mount Victor, The Landing at Lovers Lane, and The Hub, a sprawling mixed-use development including luxury apartments, a 32,000-square-foot office, hotels, and retail. More established destinations also anchor the area, with Cross Winds Golf Course, Meijer, Dick’s, PetSmart, TriStar Hospital, Target, and more within a five-minute drive.
Bowling Green’s rocketing commercial and residential growth has been a major tailwind for real estate players. Illustrating this, rents across all commercial property types within the Bowling Green MSA rose 6.1% annually on average from 2021 to 2026 (CoStar). Get in on the action and build the next destination for this exciting area by exploring the possibilities of this multifaceted parcel today.
Investment highlights
Investment Highlights
- 1.03-acre corner site available for build-to-suit, ground lease, or direct sale situated along a high-growth corridor in Bowling Green, Kentucky.
- Solid commercial market fundamentals, as the Bowling Green metro area has a five-year average vacancy rate of 3.87% and YOY rent growth of 6.1%.
- Join high-profile projects along the densifying Lovers Lane corridor, such as Embassy Suites, The Landing at Lovers Lane, and, most notably, The Hub.
- Flexible Highway Business zoning designation permits uses like retail sales and service, F&B, indoor/outdoor recreation and entertainment, and more.
- Tap into a flourishing locale as total households within a 5-mile radius grew 17% from 2020 to 2026, with a 2% projected annual growth rate to 2029.
- Excellent metro access, within five to 15 minutes of Western Kentucky University, Interstate 65, Medical Center at Bowling Green, and much more.
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