5220 Frederica St - Freestanding FOR SALE


Owensboro, KY 42301
$3,600,000 USD
270-313-3843
5220 Frederica St, Owensboro, KY for Sale
$3,600,000 USD
Freestanding - FOR SALE
1/20
null | 6.7% Cap Rate

5220 Frederica St
Owensboro, KY 42301


HIGHLIGHTS

  • Prime investment opportunity in the heart of Owensboro's bustling retail corridor.
  • 100% occupancy since its inception
  • Frederica Street seeing over 22,000 vehicles per day

OVERVIEW

Prime investment opportunity in the heart of Owensboro's bustling retail corridor, this 11,830-square-foot retail center is a standout investment opportunity. Built in 2011, the property has maintained 100% occupancy since its inception, with all tenants on triple net (NNN) leases, ensuring minimal landlord responsibilities. Situated on a 1.331-acre lot, this center enjoys exceptional visibility and high traffic counts, with Frederica Street seeing over 22,000 vehicles per day. Surrounded by major national retailers like Target, Walmart, Sam's Club, and Best Buy, as well as popular dining establishments such as Chick-fil-A, Olive Garden, and Texas Roadhouse, the location is a magnet for shoppers and diners alike. With strong tenant performance, stable income, and a location in a thriving commercial hub, this property is a secure and lucrative addition to any investment portfolio. Don't miss out on this rare opportunity!

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$307 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Medical, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

57

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

C

APN/PARCEL ID

004-38-01-005-00-000

ASK ABOUT THIS PROPERTY

Sien GollenTriple Crown Realty GroupMore Info
270-313-3843

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Sien GollenTriple Crown Realty GroupMore Info
270-313-3843

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