Catylist ID: #30298576
5079 FREDERICA ST – OWENSBORO
Retail-Commercial for Sale
|Catylist Listing ID:||30298576|
|Property Subtypes:||Free-Standing Building|
|Building Status:||Under Construction|
|Building Size (RSF):||20,000 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||2.26 Acres|
|Unit Price:||$171.40 PSF|
|Property Use Type:||Investment|
Overview / Comments
National Credit Tenant – Investment Opportunity $3,428,000.
Ground lease to Harbor Freight.
+/- 2.26 acres zoned for commercial use on high-traffic retail corridor.
Ideal location near Walmart Supercenter, Target, Best Buy, Sam’s Club and Towne Square Mall.
Brand-new 10-year land lease recently signed with four additional 5-yr options.
Nationally-known tenant constructing new free-standing store on the property.
Signalized intersection with a daily traffic count of 7653(12) Sta. E01.
5.25 cap rate.
Ideal for 1031 exchange.
No management responsibilities.
Attachments & Media
|Proximity:||1 mile||3 miles||5 miles|
James M SchraderSchrader Commercial Properties, LLC KCREA Member
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