20 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 2% Annual Rental Increases throughout the Initial Term and All Three, 5-Year Options. Brand New 2026 High Quality Construction.
Dominant Leadership - Sun Auto is Majority Owned by Private Equity Firm Leonard Green & Partners, which Manages Approximately $85 Billion of Assets and has Made More than 160 Investments Since 1989.
Industry-Leading Tenant - Sun Auto Tire & Service Operates 575+ Locations Nationwide under 50+ Brands Across 27 States, Ranking among the Nation's Fastest-Growing, Top-10 Independent Tire Dealers.
Strong Traffic and Regional Access: Nearby KY 54 Carries more than 33k Vehicles Daily, while Convenient Access to US 60 (39k+ VPD) Connects the Retail Corridor with Owensboro and Surrounding Communities.
Major Grocery Anchors: Newly Opened 50,325 SF Publix, Kroger's $35 Million, 100,000 SF Marketplace Development, and Nearby Walmart Supercenter Reinforce the Area's Regional Shopping Draw and Daily Consumer Demand.
Substantial Transportation Investment: KYTC's $23.3 Million Widening Project Is Expanding 1.3 Miles of KY 54 from Four to Six Lanes to Support Access and Continued Commercial Development.
Prime Gateway Commons Location: Situated Within a Major Development Spanning Approximately 215 Acres, with National Retailers, Restaurants, and Entertainment Supporting Its Role as an Owensboro Shopping Destination.
Major Healthcare Demand Driver: Nearby Owensboro Health Regional Hospital Reports 477 Licensed Beds and 2,458 Employees, Providing a Substantial Base of Healthcare Workers, Patients, and Visiting Families. Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.