Commercial Land
5079 Frederica Street Owensboro, KY 42301
Details & Description
Price: $2,950,000
    Address: 5079 Frederica Street, Owensboro, KY 42301National Credit Tenant – Investment Opportunity $2,950,000.Ground lease to Harbor Freight.+/- 2.26 acres zoned for commercial use on high-traffic retail corridor.Ideal location near Walmart Supercenter, Target, Best Buy, Sam’s Club and AT&T Store.Brand-new 10-year land lease recently signed with four additional 5-yr options.Credit Quality Tenant in a Free Standing retail store (15,500 SF) on the property.Signalized intersection with a daily traffic count of 7653(12) Sta. E01.6.1% cap rate.Ideal for 1031 exchange.No management responsibilities.
    Listing Agents
    James Schrader

    O: 859-321-5660
    jschrader@schradercommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    5079 Frederica Street

    Owensboro, KY 42301

    Listing ID: 190219
    • 5079 Frederica Street Owensboro, KY 42301 | for Sale | Photo 1
    • 5079 Frederica Street Owensboro, KY 42301 | for Sale | Photo 2
    • 5079 Frederica Street Owensboro, KY 42301 | for Sale | Photo 3
    5079 Frederica Street | for Sale | Thumbnail 1
    5079 Frederica Street | for Sale | Thumbnail 2
    5079 Frederica Street | for Sale | Thumbnail 3
    Building Size: --
    Lot Size: 2.260 AC
    Land Size: 98,445 SF
    Building $/SF:
    Land $/SF: $29.97
    Price
    $2,950,000
    Description

    Address: 5079 Frederica Street, Owensboro, KY 42301

    National Credit Tenant – Investment Opportunity $2,950,000.

    Ground lease to Harbor Freight.

    +/- 2.26 acres zoned for commercial use on high-traffic retail corridor.

    Ideal location near Walmart Supercenter, Target, Best Buy, Sam’s Club and AT&T Store.

    Brand-new 10-year land lease recently signed with four additional 5-yr options.

    Credit Quality Tenant in a Free Standing retail store (15,500 SF) on the property.

    Signalized intersection with a daily traffic count of 7653(12) Sta. E01.

    6.1% cap rate.

    Ideal for 1031 exchange.

    No management responsibilities.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Evansville History of Commercial Land for Sale

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    Owensboro Area Market Trends

    Listing Demographics for 5079 Frederica Street Owensboro, KY 42301

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population2,69435,32466,077
    Population Median Age374039
    Population by Age0-9 Yrs337 (12%)4443 (12%)9370 (14%)
    10-19 Yrs430 (15%)4654 (13%)8526 (12%)
    20-29 Yrs471 (17%)4796 (13%)8508 (12%)
    30-39 Yrs279 (10%)3880 (10%)8071 (12%)
    40-49 Yrs310 (11%)4049 (11%)7524 (11%)
    50-59 Yrs328 (12%)4445 (12%)8495 (12%)
    60-69 Yrs248 (9%)4528 (12%)8005 (12%)
    70+ Yrs291 (10%)4528 (12%)7578 (11%)
    Median HH Income$42,612$44,350$43,460
    Total Household Income< 24K280 (24%)3993 (25%)7642 (27%)
    25-49K389 (34%)4631 (30%)8000 (28%)
    50-74K169 (14%)2627 (17%)4723 (17%)
    75-99K118 (10%)1713 (11%)2995 (10%)
    100-199K156 (13%)2072 (13%)3454 (12%)
    200K+20 (1%)392 (2%)793 (2%)
    Highest Education LevelNo Diploma19420184614
    Diploma or GED534747614721
    Some College422580410248
    Assoc. Degree15919864099
    Bachelors Degree21941416428
    Higher Degree16524304053
    Total Housing Units1,22516,60329,809
    --Owner-Occupied5639,08816,337
    --Renter-Occupied5696,34011,270
    Owner-Occupied Values< 100K16328426344
    100-199K31447556943
    200-299K568731746
    300-399K14298755
    400-499K8155217
    500K+8165333
    Total Working Age Population2,05927,85451,271
    In Work Force1,38317,31331,211
    Not In Work Force67610,54020,061
    Workforce Employed1,31816,57029,323
    Workforce Unemployed657281,855
    Civlian Workforce1,38317,29831,178
    Military Workforce01532
    Total Households1,13115,42927,608
    Family Households7309,15716,971
    Non-Family Households4026,27110,636
    Married Couple4286,35211,436
    Other Family3022,8065,536
    Married w/Child1462,3004,430
    Single Male w/Child18406790
    Single Female w/Child1351,1632,507

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Indiana6,080,485+76,483,802+46,738,573+47,014,880
    Spencer County20,391+320,952-220,564-220,236
    Kentucky4,041,769+74,339,367+44,533,464+44,726,382
    Daviess County91,545+696,656+6102,033+5106,676

    Total Working Age Population:

    Total Households:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 5079 Frederica Street in Owensboro?
    The asking price for 5079 Frederica Street is $2,950,000
    How much land does the Owensboro, KY property at 5079 Frederica Street include?
    5079 Frederica Street in Owensboro includes 2.260 acres of land
    What kind of Land is the propery at 5079 Frederica Street?
    The property at 5079 Frederica Street Owensboro, KY 42301 is listed as a Retail Pad Site Land property
    What is the population within 1 mile of 5079 Frederica Street in Owensboro?
    The population within 1 mile of 5079 Frederica Street Owensboro, KY 42301 is 2,694 people.
    Who do I contact for questions about 5079 Frederica Street?
    You should contact the listing agent, James Schrader, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Louisville Muhammad Ali International Airport (SDF) 82
    Nashville International Airport (BNA) 113
    Blue Grass Airport (LEX) 139