5079 Frederica St – Owensboro
$ 3.000.000
Purpose Sale
Location
Owensboro
Agent
James M. Schrader
Total Lot Size2.26 AC
Property UseThis is an Investment Property
Construction StatusUnder Construction/Proposed
Address: 5079 Frederica Street, Owensboro, KY 42301
National Credit Tenant – Investment Opportunity $3,000,000.
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.
6% cap rate.
Ideal for 1031 exchange.
No management responsibilities.
Flyer
Contact agent
President & Principal Broker
James M. Schrader
- 859-321-5660
- jschrader@schradercommercial.com
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