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    Madisonville Town Center Retail Space Title is generated by Realmo AI

    575 Whittington Dr, Madisonville, KY 42431

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    Retail space in high-traffic area near Kroger and Lowe’s.

    Type:Retail
    Property size:
    71,791 SF
    Price / SF:
    $183/SF
    Added:
    Mar 3, 2026
    Days on Market:
    116
    Last Refresh:
    Mar 16 at 1:58 pm

    Property Features for 575 Whittington Dr

    General Information

    Standard status
    Active
    Size
    71,791 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2025

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    Frank Rogers
    Frank Rogers

    Listing office SRS Real Estate Partners Newport Beach

    Listing date Mar 3, 2026

    Source Crexi

    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 SRS Real Estate Partners Newport Beach

    HighLights

    • High‑traffic location: Island Ford Road (17,700 VPD) near Interstate 69 (30,500 VPD).
    • Adjacent to Starbucks, Aspen Dental, and Fifth Third Bank.
    • Across from Kroger and Lowe’s Home Improvement‑anchored center with 1.8M+ annual visits.
    • Located near Baptist Health Deaconess Madisonville (410‑bed medical center).
    • Proximity to numerous single‑family communities and multi‑family complexes.
    • Strong demographics: 26,000+ residents with $71,000+ average annual household income within 5‑mile radius.

    Overview

    Madisonville Town Center is situated off Island Ford Road, which experiences 17,700 vehicles per day, and is located a short distance west of Interstate 69, which sees 30,500 vehicles per day. Island Ford Road serves as the primary retail and commercial thoroughfare for Madisonville. The center is adjacent to a Starbucks, Aspen Dental, and Fifth Third Bank pad. It is also located across from a Kroger and Lowe’s Home Improvement-anchored center, providing high crossover shopping exposure. These Kroger and Lowe’s locations have a combined annual visit count of over 1.8 million, ranking them highly within their category group within a 15-mile radius. Additional surrounding tenants include McDonald’s, Harbor Freight, O’Reily Auto Parts, and Fresenius. The property is located a 5-minute distance from Baptist Health Deaconess Madisonville, a 410-bed medical center with a 20-bed critical care unit. Madisonville Town Center is near single-family communities and multi-family complexes, providing a direct residential consumer base. The 5-mile trade area has a population of over 26,000 residents with an average annual household income of over $71,000. The property size is 71791 square feet.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $1.18M $16.44
    − Vacancy −$53.1k −$0.74
    EGI $1.13M $15.70
    − OpEx −$338.1k −$4.71
    NOI $789.0k $10.99
    71,791 SF · lease $16.44/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $11.27M
    $9.86M – $13.15M (±1% cap)
    NOI $788,993 @ 7.0% cap · market cap 5.99%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $12.11M
    $10.60M – $14.13M (±1% cap)
    NOI $847,708 @ 7.0% cap · market cap 6.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Briarwood Shopping Center — 1297 N Main St, Madisonville, KY 42431

    Location Insight

    • Map
    • Local Demand
    City
    Madisonville
    County
    Hopkins
    State
    Kentucky
    Longitude
    -87.491127
    Latitude
    37.346937

    FAQs

    What type of property is this?
    Shopping center - Retail space in high-traffic area near Kroger and Lowe’s.
    Where is this shopping center located?
    The property is located at 575 Whittington Dr Madisonville, KY.
    What is the asking price?
    The asking price for this property is $13,171,000.
    What are key features of this property?
    This property features: High‑traffic location: Island Ford Road (17,700 VPD) near Interstate 69 (30,500 VPD).; Adjacent to Starbucks, Aspen Dental, and Fifth Third Bank.; Across from Kroger and Lowe’s Home Improvement‑anchored center with 1.8M+ annual visits.
    (248) 688-0630 Call to check price and availability
    More about this property
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