Price Reduced – 5079 Frederica St$ 2,950,000.00
Address: 5079 Frederica Street, Owensboro, KY 42301
National Credit Tenant – Investment Opportunity $2,950,000.
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 AT&T Store.
Brand-new 10-year land lease recently signed with four additional 5-yr options.
Credit Quality Tenant in a Free Standing retail store (15,500 SF) on the property.
Signalized intersection with a daily traffic count of 7653(12) Sta. E01.
6.1% cap rate.
Ideal for 1031 exchange.
No management responsibilities.Flyer