Search
Retail Space with NNN Lease

3118 E Alvey Park Drive Unit 3, Owensboro, KY 42303

For Lease
$1,633/Mo NNN

COMMERCIAL LEASE, Owensboro, KY

Space SizeContact for details
Days on Market216

Property Features for 3118 E Alvey Park Drive Unit 3

General Information

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

Utilities

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

Building Details

Roof type Rubber
Listing Agency: Triple Crown Realty Group
Listed By: The Gasser Group
Added: Apr 8 Changed: Oct 26 Last Checked: Nov 9 at 10:06PM
MLS# 94529

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Unit 3 is a retail space within a strip retail area at 3118 E Alvey Park Drive in Owensboro. The property offers visibility and convenient access from a high-traffic commercial setting, supporting customer-oriented retail use. The lease structure is NNN.

Building systems include forced-air heating and central air, with gas cooling also identified. The property has a rubber roof, and the available space is designated as Unit 3.

Key Highlights

  • Retail space available as Unit 3
  • NNN lease structure
  • Located at 3118 E Alvey Park Drive, Owensboro, KY 42303

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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 Auto Repair Shop Big Box & Wholesale Store Law Firm Auto Parts 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.

Lease Details

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

Market

Lease Benchmarks for Owensboro, KY

$21.46 /SF/Yr
Avg Asking Price
$16–$35 /SF/Yr
Price Range
5,740 SF
Avg Space Size

Properties on Market for Retail space in Owensboro

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

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

Frequently Asked Questions

What type of property is this?
Retail space - Unit 3 provides retail space with forced-air heating and central air in a strip retail setting.
Where is this retail space located?
The property is located at 3118 E Alvey Park Drive Unit 3 Owensboro, KY.
What is the lease rate?
The lease rate is $1,633/Mo.
What are key features of this property?
This property features: Retail space available as Unit 3; NNN lease structure; Located at 3118 E Alvey Park Drive, Owensboro, KY 42303
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved