Princeton Retail Center For
500 Us Highway 62 W, Princeton, KY 42445
Retail center anchored by national tenants in Princeton, Kentucky.
Property size:
72,013 SFPrice / SF:
$67/SF- Added:
- Jan 27, 2026
- Days on Market:
- 113
- Last Refresh:
- Apr 6 at 12:45 am
Property Features for 500 Us Highway 62 W
General Information
- Standard status
- Active
- Size
- 72,013 SF
Listing agent Nathan Dilly License #76902 (859) 306-0604
Listing office SVN | Stone Commercial Real Estate (859) 306-0604
Listing date Jan 27, 2026
Source Svnstone
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All listing content including descriptions, pricing, images are the copyrighted material of SVN | Stone Commercial Real Estate
HighLights
- Anchored by national tenants Marshalls, Tractor Supply, and Ruler Foods (The Kroger Co) providing stable income.
- Generates over $390,000 in annual net operating income with an 8.06% cap rate.
- 100% leased with staggered lease expirations providing long‑term upside.
- Located in Princeton’s main retail corridor with high visibility and easy access.
- Convenient access to Interstate 69, making it a key retail stop in Western Kentucky.
- Fully leased to reliable national tenants, bringing consistent traffic from Caldwell County and nearby communities.
Overview
This retail center, comprising approximately 72,013 square feet, is anchored by national tenants Marshalls, Tractor Supply, and Ruler Foods (The Kroger Co). The tenants operate under modified gross leases with staggered expirations in 2027, 2031, and 2034, providing stable income. The property generates over $390,000 in annual net operating income. The property is located in the center of Princeton’s main retail corridor, offering visibility and access on one of the area’s busiest roads. The center is fully leased to national tenants, bringing consistent traffic from Caldwell County and nearby communities. It is located close to I-69, making it a key retail stop in Western Kentucky. The property is positioned on US 62, Princeton’s main retail artery, and is near national retailers like Walmart, McDonald’s, CVS, and AutoZone. It is less than 2 miles from downtown Princeton and Caldwell Medical Center, with convenient access to Interstate 69. The property draws from a wide trade area across Caldwell and neighboring counties and has high visibility and easy ingress/egress with multiple access points. Marshalls signed a new 10-year lease in 2024, and Ruler Foods signed an early 5-year lease renewal.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Shopping centers
Similar Places Nearby
- Coinstar Kiosk | Bitcoin ATM — Kroger - Jay C Food Store, 500 Suite A US 62, Princeton, KY 42445
- Princeton Plaza — 390 US-62, Princeton, KY 42445
Location Insight
- Map
- Local Demand
- City
- Princeton
- County
- Caldwell
- State
- Kentucky
- Longitude
- -87.9052
- Latitude
- 37.1113
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Retail center anchored by national tenants in Princeton, Kentucky.
Where is this shopping center located?
The property is located at 500 Us Highway 62 W Princeton, KY.
What is the asking price?
The asking price for this property is $4,850,000.
What are key features of this property?
This property features: Anchored by national tenants Marshalls, Tractor Supply, and Ruler Foods (The Kroger Co) providing stable income.; Generates over $390,000 in annual net operating income with an 8.06% cap rate.; 100% leased with staggered lease expirations providing long‑term upside.
