3238 Kidron Valley Way Owensboro, KY 42301
Shadow-anchored strip center with high occupancy and income potential.
Property size:
13,500 SFLot size:
1.17 AcresProperty Features for 3238 Kidron Valley Way
General Information
- Size
- 13,500 SF
- Lot size
- 1.17 Acres
Source:
Moodyscre
Listing Agency: Barron Commercial Group Listing Agent: Bo Barron
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Owensboro Retail Strip Center
This 13,500 square foot strip center, constructed in 2013, is ideally located in the heart of Owensboro's primary and growing retail submarket. The property benefits from a high traffic count of over 25,000 vehicles daily, ensuring high visibility for its tenants. The center is shadow-anchored by Walmart, which drives additional traffic to the location. Ample parking is available with 60 spaces, including 3 handicapped spots. The building features a brick construction. The center has a 97% occupancy rate, hosting a mix of tenants including Wasabi54, a hibachi and sushi restaurant, Eve Nail Salon, Mr. Bubble Tea, Dapper Dog, and the Gateway Hub, an executive office space with eight furnished and privately rented offices. The center currently generates a Net Operating Income (NOI) of just under $210,000, with potential to further enhance profitability. There is an opportunity to get one of the spaces to market rent when it renews in 2024, as well as continue to lease out the executive office space in the rear of the building.
Location Intelligence
Current Use by Public Records
Wasabi 54
Sushi Restaurant
Arbor Counseling LLC
Counselor
The Dapper Dog, LLC
Pet Care Service
Eve Nails & Spa
Nail Salon
StatiX Entertainment
Dj Service
Location Insight
- Map
- Local Demand
- City
- Owensboro
- County
- Daviess
- State
- Kentucky
- Longitude
- -87.0589861
- Latitude
- 37.755359
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FAQs
What type of property is this?
Strip mall - Shadow-anchored strip center with high occupancy and income potential.
Where is this strip mall located?
The property is located at 3238 Kidron Valley Way Owensboro, KY.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: - High Occupancy Rate: Currently at an impressive 97%.; - Strong Traffic Count: Boasting over 25,000 vehicles daily.; - Walmart Shadow-Anchored: Benefit from the consistent customer traffic.