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Property profile & analytics
OFF-MARKET
Industrial properties

1309 Broadway St Campbellsville, KY 42718-1599

41,172 SF 3.79 ac lot Built 1980
Entity Owned 17-yr Hold Absentee Owner Free & Clear
Property ID
US34-1197512
Property summary
AI-generated overview

This exceptional investment opportunity presents a 41,178-square-foot freestanding retail building in Campbellsville, Kentucky, currently 100% occupied by a single tenant under a fresh 7-year lease signed in 2023. The property boasts an attractive 8.50% capitalization rate and an asking price of $2,179,694. The tenant, a rapidly growing national discount retail chain established in 2000, is considered recession-resistant, offering a stable cash flow and long-term growth potential. Located on East Broadway Street, the property benefits from high visibility and significant traffic, with approximately 18,000 vehicles passing daily. The site features ample parking and is situated in a thriving retail corridor alongside established businesses such as Dunkin' Donuts, Dollar General, Hardee's, Cookout, and Sherwin Williams. The property underwent renovations in 2023, ensuring modern functionality and aesthetics. Campbellsville's strategic location provides easy access to major markets like Louisville, Lexington, and Nashville, while also offering a high quality of life and a strong local economy bolstered by Campbellsville University and other institutions of higher education. The property's proximity to Taylor County Schools also contributes to consistent traffic. This is a rare opportunity to acquire a high-performing, fully leased retail asset in a growing Kentucky market. The property is zoned for commercial use.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1980
Construction STEEL FRAME
Total area 41,172 SF
Lot 3.79 ac (165,310 SF)
APN C04-06-68
UPID US34-1197512
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bargain Hunt Discount Store
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Campbellsville Apparel Company LLC · 17 yrs held
Campbellsville Apparel Company LLC
since 2009
1 recorded transaction
2009
$812,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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