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NNN Retail Portfolio with New Construction
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1748 Westpark Drive, Bowling Green, KY 42104

Four open pOpshelf stores offer corporate-backed occupancy across Kentucky and Oklahoma under absolute NNN lease structures.

Property SizeContact for details
Days on Market143

Property Features for 1748 Westpark Drive

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 2023
Buildings 4
Listing Agency: Fortis Net Lease
Listed By: Bryan Bender · License #MI 6501319610
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:42AM

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 Fortis Net Lease

Investment Insights

Based on property information with market context.

This portfolio comprises four open pOpshelf retail stores, including three locations in Kentucky and one in Oklahoma. Each building was completed in 2023 and operates under a Fifteen (15) Year Absolute NNN Lease, with no landlord responsibilities stated. The leases also provide 4 (5 Year) renewal options, each carrying a 10% rental rate increase.

Dollar General Corporation provides the corporate lease guaranty and carries an S&P credit rating of “BBB,” identified as investment grade in the property information. The stores are operating under the pOpshelf brand, and the Bowling Green location is at 1748 Westpark Drive, Bowling Green, KY 42104.

Across the portfolio, the 3 mile household income average is $73,598 and the average 5 mile population is 65,498. The properties are also described as having high traffic counts.

Key Highlights

  • Four open pOpshelf stores: 3 in Kentucky and 1 in Oklahoma
  • All 4 stores were built in 2023
  • Fifteen (15) Year Absolute NNN Lease at each location

Property Analytics

Current Use

pOpshelf (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Storage Facility Plumbing Service Garden Center Hotel & Motel Catering Service Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

1,054
Businesses Nearby
1.1M
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 23% Shops & Services 20% Apparel 18% Home Improvements & Furnishings 13%
Walmart Superstores
149,324 visits/mo 0.4 miles
Target Superstores
96,895 visits/mo 0.4 miles
Meijer Groceries
68,622 visits/mo 0.2 miles
T.J. Maxx Apparel
62,494 visits/mo 0.2 miles
Kohl's Apparel
58,694 visits/mo 0.1 miles

Demographics for 42104, KY

37,309
Population
17,619
Households
2.1
Avg Household Size
36
Median Age
42%
College-Educated
91%
High-School Grad
58.0 sq mi
ZIP Area
643
Density / Sq Mi
$73,975
Median Household Income
$39,433
Median Earnings
$980
Median Rent
$282,600
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?
NNN property - Four open pOpshelf stores offer corporate-backed occupancy across Kentucky and Oklahoma under absolute NNN lease structures.
Where is this nnn property located?
The property is located at 1748 Westpark Drive Bowling Green, KY.
What are key features of this property?
This property features: Four open pOpshelf stores: 3 in Kentucky and 1 in Oklahoma; All 4 stores were built in 2023; Fifteen (15) Year Absolute NNN Lease at each location
(248) 419-3810 Call to check price and availability
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