Princeton, KY
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    Princeton, KY Shopping Centers for Sale

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    Eddyville, KY Dawson Springs, KY Kuttawa, KY
    Princeton Retail Center on US 62
    $4,850,000
    Princeton Retail Center on US 62

    500 Us Highway 62 W, Princeton, KY 42445

    Fully leased retail center with national tenants and high visibility.
    • 100% Leased to National Credit Tenants, ensuring stable income.
    • Positioned on Princeton’s main retail artery (US 62) with high visibility and easy access.
    • Convenient access to Interstate 69, making it a key retail stop.
    • Early 5‑Year Lease Renewal for Ruler Foods and a new 10‑Year Lease with Marshalls in 2024.
    • Strong co‑tenancy with nearby national retailers like Walmart, McDonald’s, CVS, and AutoZone.
    Updated: Mar 6
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    Princeton Retail Center For Sale
    $4,850,000
    72,013 SF
    Princeton Retail Center For Sale

    500 Us Highway 62 W, Princeton, KY 42445

    Retail center anchored by national tenants in Princeton, Kentucky.
    • Anchored by national tenants Marshalls, Tractor Supply, and Ruler Foods (The Kroger Co) providing stable income.
    • Generates over $390,000 in annual net operating income with an 8.06% cap rate.
    • 100% leased with staggered lease expirations providing long‑term upside.
    • Located in Princeton’s main retail corridor with high visibility and easy access.
    • Convenient access to Interstate 69, making it a key retail stop in Western Kentucky.
    Updated: Jan 27
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Princeton, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Established Commercial Strip Center
    $1,050,000
    10,200 SF
    Established Commercial Strip Center

    Fully occupied strip center in Powderly, KY with long-term tenants.

    2233 W Everly Brothers Blvd, Powderly, KY 42367

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    Multi-Tenant Retail Center For Sale
    $5,613,000
    32,660 SF
    Multi-Tenant Retail Center For Sale

    Fully leased retail center in Oak Grove, Kentucky.

    200-266 Segler Dr, Oak Grove, KY 42262

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    Commercial Strip Center Investment Property
    $199,900
    3,192 SF
    Commercial Strip Center Investment Property

    Commercial strip center in high-traffic Powderly, Kentucky location.

    2111 Robert L Draper Way, Powderly, KY 42367

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    Fully Leased Oak Grove Retail
    $5,613,000
    32,660 SF
    Fully Leased Oak Grove Retail

    Multi-tenant retail center in Oak Grove, Kentucky, 100% leased.

    200 Segler Dr, Oak Grove, KY 42262

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Interstate Frontage Development Land
    $499,900
    Interstate Frontage Development Land

    33.1 acres with I-24 frontage and HOC2 zoning, offering visibility from the I-24 corridor and interchange area.

    Lone Valley Rd, Calvert City, KY 42029

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    Land Parcel with Interstate Frontage
    $499,900
    33.10 Acres
    Land Parcel with Interstate Frontage

    33.1-acre parcel along I-24 with HOC2 zoning and road frontage visibility near an I-24/I-69 interchange.

    Lone Valley Rd, Calvert City, KY 42029

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    Commercial Land with Leased Buildings
    $1,700,000
    12,114 SF
    Commercial Land with Leased Buildings

    Land package with six buildings, including leased structures and additional acreage for an operator or investor to evaluate.

    778 E Center, Madisonville, KY 42431

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    Development Corner Land Tract
    $2,277,000
    17.30 Acres
    Development Corner Land Tract

    Corner commercial development land near major education, event, hospitality, and retail uses, with flexibility for smaller tracts.

    Corner of Lover Ln. and Conference Center Dr., Hopkinsville, KY 42240

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    Princeton, KY Shopping Centers Investment Opportunities Market Analysis

    Explore 2 shopping centers for sale in Princeton, KY on our real estate platform. These investment opportunities span a total of 72,013 square feet of properties for sale, with an estimated market value of $4,850,000.

    Sale prices for plazas in Princeton, KY start at $4,850,000, averaging $4,850,000, and reaching up to $4,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 2
    Storefront properties 1

    Demographics Overview

    Population 10K
    Population Growth (5Y) -3.5%
    Median Household Income $54,024
    College Educated 24.8%

    High-Yield Neighborhoods for Investment

    Identify Princeton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    42445 $4.9M

    Taxes & Financing

    Tax Rate (average for all types) 0.96%
    Property Tax per SF $7.58 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Caldwell County

    New Delisted

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