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Owensboro Retail Strip Center
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3238 Kidron Valley Way, Owensboro, KY 42301

Shadow-anchored strip center with high occupancy and income potential.

Space Size150 SF
Lot Size1.17 Acres
Days on Market359

Property Features for 3238 Kidron Valley Way

General Information

Standard status Active
Size 150 SF
Lot size 1.17 Acres
Property subtype RETAIL
Lease Type Full Service

Spaces For Lease

at 3238 Kidron Valley Way
3238 Kidron Vly Way $595/Mo
Floor 1
Size 150 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Sublease No
Fully furnished private office. $595 per month
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Listing Agency: Barron Commercial Group
Listed By: Bo Barron · License #19425
Source: Moodyscre
Added: Nov 3, 2025 Changed: Oct 26 Last Checked: Oct 26 at 7:57PM

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 Barron Commercial Group

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Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Wasabi 54 Restaurant Arbor Counseling LLC Counselor The Dapper Dog, LLC Veterinary Clinic Eve Nails & Spa Nail Salon StatiX Entertainment Nightclub

Suggested Use

Top Pick Law Firm Hair Salon Parking Lot & Garage (Bike/Boat/Book/etc) Store Accounting Firm 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

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby
441k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 33% Superstores 25% Shops & Services 17% Apparel 13%
Walmart Superstores
108,206 visits/mo 0.2 miles
Kohl's Apparel
47,193 visits/mo 0.4 miles
Chick-fil-A Dining
34,712 visits/mo 0.3 miles
McDonald's Dining
31,262 visits/mo 0.2 miles
Aldi Groceries
22,455 visits/mo 0.4 miles

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 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?
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 lease rate?
The lease rate is $595/Mo.
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.
(270) 313-2444 Call to check price and availability
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