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5220 Frederica Street

Owensboro, KY 42301
  • $3,450,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 91391
Price Reduced
UPDATED: 27 min ago
$3,450,000
  • 0
    BEDS
  • 1.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,830
    SQFT
  • $292
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2011
County:
Area:

School Ratings & Info

Description

Prime investment opportunity in the heart of Owensboros 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, Sams 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. Dont miss out on this rare opportunity!

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© 2025 Greater Owensboro Realtor® Association MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Empire Property Group | Keller Williams Elite. Data last updated: 2025-02-18T21:11:41.25.
www.empiresoldmyhome.com/homes/159453923
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5220 Frederica Street Owensboro, KY 42301

  • Price: $3,450,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 27 min ago
  • MLS #: 91391
0
Beds
0
Baths
0
½ Baths
1.33
Acres
11,830
SQFT
$292
$/SQFT
2011
Built
Neighborhood:
South
County:
Daviess
Area:
Daviess
Property Description
Prime investment opportunity in the heart of Owensboros 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, Sams 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. Dont miss out on this rare opportunity!
Exterior Features

Construction BrickFrame Frontage 169FT Parking HandicapPavedPrivate over 10Public Lot Roof Age 2011 Topography Level

Interior Features

Amperage 821.7 Cooling Central ElectricIndividual Systems Existing Office Sqft 0 Floor Type Tile Heat Type Natural Gas Lighting FluorescentIncandescent Number Of Elevators 0 Number Of Restrooms 5 Total Sqft Available 11830 Voltage 208

Property Features

Available Utilities ElectricGasSanitary SewerWater Building Name Southgate Center Existing Utilities Electricity ConnectedNatural Gas ConnectedSanitary SewerStorm SewerWater Connected Existing Zoning B3 Flood Plain No Landlord Pays None New Construction No Number Of Buildings 1 Property Type Retail Tax District OWENSBORO Tenant Pays All UtilitiesCommon Area MaintenanceCoolingExterior MaintenanceElectricityGrounds CareInsuranceGasInterior MaintenanceJanitorial ServiceHeatingHot WaterTaxes Type Business Matress FirmFirehouse SubsVisionworks Year Established 2011

Listing information © 2025 Greater Owensboro Realtor® Association, Inc. Multiple Listing Service.
Listing provided courtesy of Sien Gollen of TRIPLE CROWN REALTY GROUP, LLC: 270-679-0090.



© 2025 Greater Owensboro Realtor® Association MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Empire Property Group | Keller Williams Elite. Data last updated: 2025-02-18T21:11:41.25.
 
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Empire Property Group | Keller Williams Elite
3943 State Route 54
Owensboro KY, 42303