200-266 Segler Dr - Freestanding FOR SALE


Oak Grove, KY 42262
$6,006,073 USD
972-755-5225
200-266 Segler Dr, Oak Grove, KY for Sale
$6,006,073 USD
Freestanding - FOR SALE
1/11
null | 8.26% Cap Rate

200-266 Segler Dr
Oak Grove, KY 42262


HIGHLIGHTS

  • Consists of Two Multi-Tenant Buildings Totaling 32,660 Square Feet
  • Shadow-Anchored by Walmart Supercenter
  • 100% Leased | All Leases are Triple Net

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a 32,660-square-foot, multi-tenant retail center in Oak Grove, Kentucky. Oak Grove Shopping Center is 100 percent leased, and all current leases are triple-net. Tenants include GameStop, Smoke & Vape Shop, Respawn Coffee Company, Cazadores Mexican Restaurant, China Buffett & Grill, Great Clips, Buddy’s Home Furnishings, The Peach Cobbler Factory, CATO, and an ATM leased to USAA. Oak Grove Shopping Center was constructed in 2006, and the building is situated on a large 4.93-acre parcel with ample paved parking. The subject property is located on Segler Drive off Fort Campbell Boulevard, the city’s major north-south thoroughfare. Traffic counts in front of the property exceed 22,274 vehicles per day. Oak Grove Shopping Center is shadow-anchored by Walmart Supercenter; other nearby retailers include MAPCO Mart, Navy Federal Credit Union, Sonic Drive-In, Dollar Tree, Hibbett Sports, Legion Liquors, Jersey Mike’s Subs, and Wendy’s. The subject property benefits from close proximity to Fort Campbell, a United States Army installation. Located than two miles west of the property, Fort Campbell is the second-largest military base in the world with an active-duty military population of 26,587 soldiers; 50,812 family members; and over 6,500 civilian jobs.

FOR SALE DETAILS

PRICE

$6,006,073 USD

PRICE/SF

$184 USD /SF

CAP RATE

8.26%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oak Grove Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

196

LAND DETAILS

LAND ACRES

4.63 AC

LAND SF

201,683 SF

ZONING

-

APN/PARCEL ID

145-00-00-014.07

ASK ABOUT THIS PROPERTY

Philip LevyMarcus & MillichapMore Info
972-755-5225

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Philip LevyMarcus & MillichapMore Info
972-755-5225

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.