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Tanyard Springs is a 58,000 square foot neighborhood shopping center located in north Bullitt County, one of the fastest growing communities in the metropolitan area of Louisville. The center enjoys outstanding visibility and access from Preston Highway (Hwy 61).
Tanyard Springs was originally anchored by a 44,000 square foot Winn-Dixie. However, Winn-Dixie closed the location and the space is currently occupied by ResCare and Price Less Foods. For lease at the center is a total of 4,500 square feet of divisible retail space.
Tanyard Springs is located on Preston Highway (Hwy 61) in the city of Hillview, Bullitt County, Kentucky. Originally a northern suburb of Shepherdsville, the Hillview area has become one of the fastest growing segments in the entire state. Only minutes from the Gene Snyder Freeway, Louisville's outer belt (I-265), the area has become a favorite for residents who commute daily to Louisville and Shepherdsville.
Tanyard Springs boasts excellent access by way of Preston Highway. Preston Highway (Hwy 61) is the county's primary north/south corridor which connects to the Gene Snyder Freeway just two miles north of the center.
Within the last five years the county's Planning Commission issued 2,000 permits for new home construction. Over 70% of the permits issued are for new homes in the northern region of the county, located to the southeast and west of the center.
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The typical asking rate per listing is in the $10's per square foot per year. The Hillview region is going through a an increase in rates. In the last 3 months, the median rate increased $16 per sqft per year. That's a Inf% rise in rent.
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