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    5115 Frederica St Owensboro, KY 42301

    For Lease
    Contact for pricing

    High-traffic retail space, Owensboro, KY. 2,500 sq ft available.

    Lot size:
    7,368 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail opportunity is located at 5115 Frederica Street in Owensboro, Kentucky, within the Owensboro Towne Center, directly on a Target pad site. The property boasts a prime location with excellent visibility and accessibility from Frederica Street (Highway 431), ensuring high traffic volume and significant exposure for your business. The freestanding building offers a total of 7,368 square feet, with 2,500 square feet currently available for lease. This contiguous space presents a fantastic chance to establish a strong retail presence in a thriving commercial area. The building is zoned B-4, providing flexibility for a variety of retail uses. The property's APN is 003-12-29-001-A-000, and it is situated in Daviess County, Kentucky, zip code 42301. The building currently has multiple tenants. This is an ideal location for businesses seeking high visibility and convenient access for customers. The available space is perfect for a variety of retail concepts. Don't miss this opportunity to secure a prominent retail location in a high-traffic area.

    Property Features for 5115 Frederica St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,368 SF

    Unit(s) available at that property

    Space
    Unit 1
    Size
    2,500 SF

    HighLights

    • Tenant improvement allowance available for qualified tenants.
    • High‑traffic location near TGI Friday's, O'Charley's, Best Buy, and TJ Maxx.
    • High visibility with 28,000+ vehicles per day at the intersection.
    • Ample customer parking directly in front.
    • Strong retail co‑tenancy including Walmart, Sam's Club, Home Depot, Best Buy, Target, and Ulta Beauty.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AT&T Store Cell Phone Store

    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
    -87.1240123
    Latitude
    37.7183384

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail space, Owensboro, KY. 2,500 sq ft available.
    Where is this individual retail property located?
    The property is located at 5115 Frederica St Owensboro, KY.
    What are key features of this property?
    This property features: Tenant improvement allowance available for qualified tenants.; High-traffic location near TGI Friday's, O'Charley's, Best Buy, and TJ Maxx.; High visibility with 28,000+ vehicles per day at the intersection.
    Request Owner's contact information
    5115 Frederica St 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
    5115 Frederica St Owensboro, KY 42301
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