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Retail Space in Strip Center
For Lease
$16-$18 SF/Yr NNN (Triple Net)

3118 E Alvey Park Drive Unit 1, Owensboro, KY 42303

COMMERCIAL - Owensboro, KY

Space Size1,750 SF
Days on Market126

Property Features for 3118 E Alvey Park Drive Unit 1

General Information

Property type Commercial Lease
Property subtype Retail
Subdivision EAST
Standard status Active

Utilities

Heating system Forced Air
Cooling system Gas (Cooling), Central Air

Building Details

Roof type Rubber
Listing Agency: Triple Crown Realty Group
Listed By: The Gasser Group
Added: Apr 8 Changed: Aug 4 Last Checked: Aug 11 at 7:06PM
MLS# 94531

Copyright © 2026 Greater Owensboro Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Retail space available at 3118 E Alvey Park Drive, Unit 1, in Owensboro, KY. The space can be divided into smaller units, with a minimum of 1,750 SF per unit, and is offered as white-box space suitable for tenant buildout. The lease structure is NNN.

The property is located within a strip center setting on a busy street, with access designed for retail use.

On-site systems include forced air heating and central air with gas (cooling). The roof is described as rubber.

Key Highlights

  • NNN lease retail space in a strip center setting
  • Can be divided into smaller units with a minimum 1,750 SF per unit
  • Offered as white‑box retail space for tenant buildout

Property Analytics

Current Use

Owensboro Vapors (Bike/Boat/Book/etc) Store VAPURZ ECIG vapor Electronics & Wireless Store Window Replacement Company General Contractor Elevate Insurance Agency ... Insurance Agency Custom Vapors LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Hair Salon Real Estate Agency Auto Repair Shop Big Box & Wholesale Store 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

614
Businesses Nearby
630k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 49% Superstores 17% Apparel 11% Home Improvements & Furnishings 8%
Walmart Superstores
108,206 visits/mo 0.3 miles
Academy Sports + Outdoors Apparel
52,696 visits/mo 0.2 miles
Menards Home Improvements & Furnishings
43,313 visits/mo 0.5 miles
Raising Cane's Chicken Fingers Dining
41,632 visits/mo 0.5 miles
Chick-fil-A Dining
34,712 visits/mo 0.1 miles

Demographics for 42303, KY

41,877
Population
18,055
Households
2.3
Avg Household Size
39
Median Age
26%
College-Educated
89%
High-School Grad
48.8 sq mi
ZIP Area
858
Density / Sq Mi
$63,010
Median Household Income
$41,272
Median Earnings
$941
Median Rent
$183,400
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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail unit 1 in a strip center, available as white-box space that can be subdivided into smaller units.
Where is this retail space located?
The property is located at 3118 E Alvey Park Drive Unit 1 Owensboro, KY.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: NNN lease retail space in a strip center setting; Can be divided into smaller units with a minimum 1,750 SF per unit; Offered as white‑box retail space for tenant buildout
More about this property
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