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Retail Space on Frederica Street
For Lease
$25 SF/Yr

5040 Frederica St, Owensboro, KY 42301

Prime retail location with high visibility and ample parking.

Space Size2,000 SF
Property Size8,000 SF
Days on Market170

Property Features for 5040 Frederica St

General Information

Standard status Active
Size 2,000 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 8,000 SF
Year Built 1996

Spaces For Lease

at 5040 Frederica St Contact us

N3 $25/SF/Yr

Size
2,000 SF
Type
Street Retail
Term
Negotiable
Contact us
Listing Agency: Barron Commercial Group
Listed By: Todd Humphreys · License #KY #222972
Source: Barroncommercial
Added: Mar 5 Changed: Aug 14 Last Checked: Aug 22 at 5:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Barron Commercial Group

Investment Insights

Based on property information with market context.

Located at 5040 Frederica St in Owensboro, KY, this retail space offers a prime location with versatile space. The property is a three-bay retail center co-anchored by Eyemart and AT&T, providing strong visibility. A 2,000 sq. ft. end cap is available, offering excellent exposure on Frederica Street. The property is situated in the center of Owensboro’s main retail corridor, with quick access to major retailers such as Target, Walmart, Home Depot, and Lowe's, as well as a wide range of restaurants. The location offers close proximity to major highways and public transit. Ample parking is available. An opportunity for a drive-thru window exists. A new $17.7 million indoor/outdoor family entertainment center is planned nearby at the former Towne Square Mall site, further enhancing the area’s appeal. Maui's Indoor Theme Park is set to open in the adjacent Towne Square Mall situated directly behind the center.

Key Highlights

  • Prime location on Frederica Street in Owensboro's main retail corridor.
  • Co‑anchored by Eyemart and AT&T, ensuring strong customer traffic.
  • 2,000 sq. ft. end cap available, offering excellent exposure.**

Property Analytics

Current Use

Joseph W. Terry, ... Physician Dr Joe Terry ... Physician Eyemart Express Ophthalmologist Melissa Hay, OD Physician

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Kitchen & Bath Showroom Parking Lot & Garage Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

543
Businesses Nearby
669k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 33% Dining 29% Shops & Services 19% Apparel 10%
Walmart Superstores
105,364 visits/mo 0.2 miles
Sam's Club Superstores
83,045 visits/mo 0.3 miles
T.J. Maxx Apparel
52,459 visits/mo 0.2 miles
McDonald's Dining
35,635 visits/mo 0.3 miles
Sam's Club Gas Station Shops & Services
31,108 visits/mo 0.2 miles

Demographics for 42301, KY

44,883
Population
19,833
Households
2.3
Avg Household Size
39
Median Age
26%
College-Educated
91%
High-School Grad
173.0 sq mi
ZIP Area
259
Density / Sq Mi
$62,010
Median Household Income
$37,305
Median Earnings
$883
Median Rent
$180,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Prime retail location with high visibility and ample parking.
Where is this retail space located?
The property is located at 5040 Frederica St Owensboro, KY.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Prime location on Frederica Street in Owensboro's main retail corridor.; Co‑anchored by Eyemart and AT&T, ensuring strong customer traffic.; 2,000 sq. ft. end cap available, offering excellent exposure.**
More about this property
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