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Auto Service NNN Rental Site
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703 Salem Dr, Owensboro, KY 42303

Single-tenant Enterprise Rent-A-Car property with a newly installed roof and NNN structure responsibilities.

Property Size1,155 SF
Price / SF$456.89
Days on Market223

Property Features for 703 Salem Dr

General Information

Standard status Active
Size 1,155 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: Barron Commercial Group
Listed By: Bo Barron · License ##207674
Source: Moodyscre
Added: Jan 27 Changed: Aug 12 Last Checked: Jul 23 at 8:25AM

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

Investment Insights

Based on property information with market context.

This single-tenant Enterprise Rent-A-Car location is offered as an NNN investment property with tenant-paid responsibilities including real estate taxes, insurance premiums, and personal property taxes. The site has Enterprise in place since 2001, with a renewal documented for an additional five years, supporting long-term occupancy. A newly installed roof is also a key improvement, reducing near-term capital expense.

The property is positioned on a prominent corner at Frederica Street and the Highway 60 Bypass in Owensboro, Kentucky, providing high-visibility access from multiple directions. The asset is described as a high-traffic automotive service site.

For buyers seeking a durable, credit-backed automotive rental use with minimized landlord expense items and a recently completed roof improvement, this hard-corner NNN structure presents a straightforward acquisition profile.

Key Highlights

  • Single‑tenant Enterprise Rent‑A‑Car property with a newly installed roof (major CapEx completed).
  • Corner location on Frederica Street at the Highway 60 Bypass, positioned for high‑visibility automotive service access.
  • Tenant since 2001 and renewed for another 5 years, supporting long‑term income stability.

Property Analytics

Current Use

Enterprise Rent-A-Car Car Rental Facility

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply HVAC Service Kitchen & Bath Showroom

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

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

521
Businesses Nearby
363k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 72% Shops & Services 13% Superstores 8% Hotels & Casinos 2%
Chick-fil-A Dining
49,898 visits/mo 0.2 miles
Texas Roadhouse Dining
43,817 visits/mo 0.1 miles
McDonald's Dining
35,635 visits/mo 0.4 miles
Big Lots Superstores
29,878 visits/mo 0.3 miles
Buffalo Wild Wings Dining
20,498 visits/mo 0.3 miles

Demographics for 42303, KY

41,877
Population
18,055
Households
2.3
Avg Household Size
39
Median Age
26%
College-Educated
89%
High-School Grad
48.8 sq mi
ZIP Area
858
Density / Sq Mi
$63,010
Median Household Income
$41,272
Median Earnings
$941
Median Rent
$183,400
Median Home Value

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
Rey
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Similar Off Market Nearby

  • Walmart Auto Care Centers 5031 Frederica St, Owensboro, KY 42301
  • Champion Mazda 140 Southtown Blvd, Owensboro, KY 42303
  • Champion Ford, Inc. 140 Southtown Blvd, Owensboro, KY 42303
  • Champion Lincoln Service 140 Southtown Blvd, Owensboro, KY 42303
  • Champion Ford, Inc. Collision 140 Southtown Blvd, Owensboro, KY 42303

Frequently Asked Questions

What type of property is this?
Auto shop - Single-tenant Enterprise Rent-A-Car property with a newly installed roof and NNN structure responsibilities.
Where is this auto shop located?
The property is located at 703 Salem Dr Owensboro, KY.
What is the asking price?
The asking price for this property is $527,710.
What are key features of this property?
This property features: Single‑tenant Enterprise Rent‑A‑Car property with a newly installed roof (major CapEx completed).; Corner location on Frederica Street at the Highway 60 Bypass, positioned for high‑visibility automotive service access.; Tenant since 2001 and renewed for another 5 years, supporting long‑term income stability.
(270) 313-2444 Call to check price and availability
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