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Downtown Owensboro Class A Building
For Lease
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234 Frederica St, Owensboro, KY 42301

Five-story Class A building with retail, restaurant, and office space.

Space Size14,182 SF
Property Size68,250 SF
Days on Market698

Property Features for 234 Frederica St

General Information

Standard status Active
Size 14,182 SF
Property subtype Retail, Office, Restaurant
Lease Type NNN

Building Details

Building Size 68,250 SF
Year Built 1969
Tenancy Multiple

Spaces For Lease

at 234 Frederica St Contact us

2nd Floor Space

Size
14,182 SF
Availability
Active
Contact us
Listing Agency: Gulfstream Commercial Services LLC
Listed By: Fahr Juneja · License #214716
Source: Crexi
Added: Oct 16, 2024 Changed: Sep 5 Last Checked: Sep 13 at 7:15AM

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 Gulfstream Commercial Services LLC

Investment Insights

Based on property information with market context.

This five-story Class A office building is situated in a prominent downtown Owensboro, KY location. The first floor offers retail and restaurant spaces, complemented by a first-floor and rooftop outdoor patio providing views of the Ohio River. The second floor features Class A office space available for lease. The building's location offers close proximity to the Owensboro Convention Center, Bluegrass Music Hall of Fame, numerous restaurants, hotels, and other attractions.

Key Highlights

  • Trophy Class A office building in downtown Owensboro.
  • First floor retail and restaurant space.
  • Rooftop outdoor patio with Ohio River views.

Property Analytics

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Current Use

Mark Gentry | NMLS# ... Loan Service Samantha Brown, Ruoff ... Loan Service Lisa O'Nan, Ruoff ... Loan Service Jordan Oakley, Ruoff ... Loan Service Tina Gonzalez, Ruoff ... Loan Service

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Carpet & Flooring Store Home Appliance Store Plumbing Service

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
$2.78 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,073
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Five-story Class A building with retail, restaurant, and office space.
Where is this office building located?
The property is located at 234 Frederica St Owensboro, KY.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: Trophy Class A office building in downtown Owensboro.; First floor retail and restaurant space.; Rooftop outdoor patio with Ohio River views.
(502) 744-1465 Call to check price and availability
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