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Retail Space in Strip Center

3525 Frederica St. Unit 3, Owensboro, KY 42301

For Lease
$1,983/Mo NNN

COMMERCIAL LEASE, Owensboro, KY

Space Size1,700 SF
Lot Size1.36 Acres
Days on Market219

Property Features for 3525 Frederica St. Unit 3

General Information

Property type Commercial Lease
Property subtype Retail
Subdivision Owensboro
Standard status Active
Lot size 1.36 Acres

Utilities

Sewer type Public Sewer
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 6 Changed: Oct 13 Last Checked: Nov 10 at 10:06PM
MLS# 94506

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
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Investment Insights

Based on property information with market context.

Approximately 1,700 SF of retail space is available at 3525 Frederica St., Unit 3, within an established strip center in Owensboro. The suite is the center’s only current vacancy and is offered under an NNN lease structure. Building systems include central air and forced-air heating, with a rubber roof and public sewer service.

The property is positioned on Frederica St. in Owensboro, a heavily traveled commercial corridor. Complementary occupants in the center support ongoing customer activity, while the site provides direct access from the street. The overall parcel encompasses 1.364 acres in Daviess County.

Key Highlights

  • 1,700 SF retail suite available in an established strip center
  • Only current vacancy within the center
  • NNN lease structure

Property Analytics

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Open Analytics

Current Use

Penn Station East ... Take-out & Catering Mattingly Ford Title ... Loan Service Check Into Cash Bank Eagle Finance Loan Service Sun Tan City Tanning Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Big Box & Wholesale Store Parking Lot & Garage HVAC Service Building Supply

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

455
Businesses Nearby
141k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Shops & Services 39% Beauty & Spa 4% Electronics 1%
SONIC Drive In Dining
16,810 visits/mo 0.4 miles
Dunkin' Donuts Dining
15,984 visits/mo 0.5 miles
Dollar Tree Shops & Services
15,171 visits/mo 0.4 miles
Hardee's Dining
11,021 visits/mo 0.4 miles
Red Lobster Dining
8,654 visits/mo 0.0 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
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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

This space is priced 35% below the average of $21.46 /SF/Yr.

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 - NNN retail leasing opportunity with central air, forced-air heating, and public sewer service.
Where is this retail space located?
The property is located at 3525 Frederica St. Unit 3 Owensboro, KY.
What is the lease rate?
The lease rate is $1,983/Mo.
What are key features of this property?
This property features: 1,700 SF retail suite available in an established strip center; Only current vacancy within the center; NNN lease structure
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