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5220 Frederica St
Owensboro, KY 42301

Owensboro Strip Center · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
11,737 SF
Building Class
B
Year Built
2011
Tenancy
Multiple
Number of Floors
1
Building FAR
0.20
Lot Size
1.33 AC
Zoning
C - Commercial
Parking
57 Spaces (5.11 Spaces per 1,000 SF Leased)
Frontage
602 ft on Frederica Street

About 5220 Frederica St , Owensboro, KY 42301

Multi-tenant strip center situated in the primary retail area of Owensboro. The subject property features Corporate Guarantees for Mattress Firm and Visionworks, as well as a Firehouse Subs that is operated by an experienced Franchisee. The tenant roster offers a diversified mix of store concepts, all of which are widely considered to be internet-resistant retailers. Each lease is on NNN terms, leaving the Landlord with minimal responsibility and expenses. The subject property is located on the signalized corner of Frederica Street and Theater Drive, offering ease of access and clear visibility from all directions. The southern Owensboro location is in the city’s main retail corridor, which features the Towne Square Mall and Malco Owensboro Cinema, in addition to neighboring retailers that include The Home Depot, Target, Walmart Supercenter, and Ulta Beauty. Owensboro is the 4th largest city in Kentucky, and is the county seat of Daviess County. Nestled along the banks of the Ohio River, Owensboro is driving distance to Louisville, Nashville, and St. Louis. According to a recent article by USA Today, Owensboro ranks 11th in the top U.S. cities for Millennial home buyers.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 004-38-01-005-00-000
  • 004-38-01-006-00-000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£9,099,487
  • Listing ID: 12117910

  • Date on Market: 02/04/2018

  • Last Updated:

  • Address: 5220 Frederica St, Owensboro, KY 42301

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