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200 Segler Dr Oak Grove, KY 42262

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For Sale
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Kentucky Shopping Center - 100% Leased

Property size:
32,660 SF

Property Features for 200 Segler Dr

General Information

Property type
Lifestyle centers
Square Feet
32,660 SF
Lot Size
201,683 SF

Building Details

Year Built
2006
Units
12

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Listing Contact
Philip Levy
Philip Levy

Listing Agency: Marcus & Millichap Dallas Listing Agent: Philip Levy

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 32,660-square-foot shopping center in Oak Grove, Kentucky, presents a compelling investment opportunity. The property boasts 100% occupancy across eleven tenants, including a mix of national, regional, and local businesses, ensuring a stable income stream. All leases are triple-net (NNN), minimizing landlord responsibilities. Built in 2006, the center comprises two multi-tenant buildings situated on a substantial 4.63-acre lot with ample parking. Strategically located on Segler Drive, off Fort Campbell Boulevard, a major thoroughfare with daily traffic exceeding 22,274 vehicles, the center benefits from high visibility and accessibility. Its shadow-anchored position by a Walmart Supercenter further enhances its appeal. The property's strong tenant base includes GameStop, Smoke & Vape Shop, Respawn Coffee Company, Cazadores Mexican Restaurant, China Buffett & Grill, Great Clips, Buddy's Home Furnishings, The Peach Cobbler Factory, CATO, and a USAA ATM, generating additional revenue. The center's proximity to Fort Campbell, the second-largest military base in the nation, provides a stable and substantial customer base. This prime location, coupled with the property's strong financial performance (an 8.25% cap rate and a Net Operating Income (NOI) of $495,501), makes it an attractive investment prospect. The asking price is $6,006,073, translating to $183.90 per square foot. Nearby amenities include Navy Federal Credit Union, Dollar Tree, Hibbett Sports, Sonic Drive-In, Taco Bell, and other popular retailers, further solidifying the center's position within the thriving Oak Grove market. The property's location near Interstate 24, between Hopkinsville, KY and Clarksville, TN, and less than an hour from Nashville, TN, adds to its regional appeal.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

GameStop (Bike/Boat/Book/etc) Store

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Oak Grove
County
Christian
State
Kentucky
Longitude
-87.44246102
Latitude
36.66971868

FAQs

What type of property is this?
Lifestyle center - Kentucky Shopping Center - 100% Leased
Where is this lifestyle center located?
The property is located at 200 Segler Dr Oak Grove, KY.
What is the asking price?
The asking price for this property is $6,006,073.
What are key features of this property?
This property features: Two multi-tenant buildings totaling 32,660 square feet.; Shadow-anchored by a Walmart Supercenter.; 100% leased with triple-net (NNN) leases.
(972) 755-5225 Call to check price and availability
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