Overview
Freestanding Fifth Third Bank Building
The subject property is a new freestanding Fifth Third Bank located in Bowling Green, Kentucky. The property features a 2,400-square-foot building. The location is strategically positioned along Scottsville Road, a retail and commercial corridor, with a traffic volume of 33,000 vehicles per day. Cave Mill Road is adjacent to the property and has a traffic volume of 15,000 vehicles per day. The property is an outparcel to a Kroger-anchored shopping center and is adjacent to a new First Watch restaurant. It benefits from its proximity to Western Kentucky University, which is approximately 2 miles away and has an enrollment of more than 16,700 students. The surrounding trade area includes national and regional retailers such as Kroger, Starbucks, Walgreens, Hobby Lobby, Big Lots, Chick-fil-A, LongHorn Steakhouse, Mission BBQ, Blaze Pizza, Qdoba, Freddy’s Frozen Custard & Steakburgers, Arby’s, Wendy’s, Taco Bell, KFC, Smoothie King, Subway, Captain D’s, Bruster’s Real Ice Cream, The Vitamin Shoppe, Cricket Wireless, Spectrum, Workout Anytime, Great Clips, Once Upon A Child, and Shoe Station. Bowling Green is experiencing population growth, with projections showing over 10% growth over the next five years within the 1, 3, and 5 mile radius.