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    5101 Frederica St Owensboro, KY 42301

    For Lease
    Contact for pricing

    Prime Owensboro retail space available. 4,647 sq ft.

    Lot size:
    85,349 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional sublease opportunity presents a 4,647 square foot retail space within the Owensboro Towne Center, located at 5101 Frederica Street, Owensboro, KY 42301. Situated in a high-traffic retail corridor, this space offers unparalleled visibility and accessibility. Originally part of a Best Buy store, this unit is ideally suited for a variety of retail businesses seeking a prominent location. The property is part of a larger strip center totaling 85,349 square feet, ensuring ample parking and shared amenities for customers. Built in 1996, the building is well-maintained and situated in Daviess County (APN: 003-12-29-001-00-000). The space is available immediately as a sublease, offering a flexible and potentially cost-effective entry into a thriving retail market. This is a rare opportunity to secure a highly desirable location in one of Owensboro's premier shopping destinations. The property's location provides excellent access to major roadways and a dense concentration of consumers. Interested parties should inquire promptly to secure this exceptional retail space.

    Property Features for 5101 Frederica St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    85,349 SF

    Building Details

    Year Built
    1996

    Unit(s) available at that property

    Space
    Unit 1
    Size
    4,647 SF

    HighLights

    • 4,647 SF retail sublease space available at 5101 Frederica Street, Owensboro, KY.
    • High‑traffic location with direct exposure to Frederica Street (Hwy 431).
    • Anchored by Target, Best Buy, TJ Maxx, Jo‑Ann, Shoe Carnival, and Ulta; neighboring major retailers including Walmart, Sam's Club, Home Depot, Lowe's, Macy's, and JC Penney.
    Property Profile Location Intelligence

    Current Use by Public Records

    TJ Maxx Men'S Clothing Store Sally Beauty Beauty Supply Store Best Buy Electronics Store Hi Tech Cell ... Cell Phone Accessory Store Embrace Nail Nail Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Owensboro
    County
    Daviess
    State
    Kentucky
    Longitude
    -87.1232077
    Latitude
    37.7172826

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Owensboro retail space available. 4,647 sq ft.
    Where is this neighborhood center located?
    The property is located at 5101 Frederica St Owensboro, KY.
    What are key features of this property?
    This property features: 4,647 SF retail sublease space available at 5101 Frederica Street, Owensboro, KY.; High-traffic location with direct exposure to Frederica Street (Hwy 431).; Anchored by Target, Best Buy, TJ Maxx, Jo-Ann, Shoe Carnival, and Ulta; neighboring major retailers including Walmart, Sam's Club, Home Depot, Lowe's, Macy's, and JC Penney.
    Request Owner's contact information
    5101 Frederica St Owensboro, KY 42301
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    Owensboro, KY 42301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5101 Frederica St Owensboro, KY 42301
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