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209 Claire Ave 8,500 SF Retail Building Oak Grove, KY 42262 $3,400,000 ($400/SF)
Investment Highlights
- Located approximately 2.5 miles from Interstate 24 Exit 86.
- Existing tenant occupancy provides in-place income.
- Positioned along Fort Campbell Boulevard with significant visibility.
- Multiple ingress and egress points support convenient site access.
Executive Summary
ATLAS REAL ESTATE & AUCTION SERVICES IS PLEASED TO PRESENT THE EXCLUSIVE OFFERING OF THIS COMMERCIAL RESTAURANT BUILDING. CONSISTING OF 8500 +/- SQFT STAND-ALONE BUILDING SITUATED ON A 1.46 ACRE LOT WITH 250' OF ROAD FRONTAGE ON FT CAMPBELL BLVD. CONSTRUCTED IN 2014, THIS PROPERTY IS HOME TO A WELL-ESTABLUISHED RESTAURANT BUSINESS OPERATING SINCE 2014. STRATEGICALLY POSITIONED JUST 2.5 MILES FROM EXIT 86 OF I-24. LOCATED ONLY 60 MILES FROM NASHVILLE, TN AND 80 MILES FROM PADUCAH, KY. THE PROPERTY OFFERS EXCELLENT VISABILTY, SIGNAGE AND ACCESSIBILITY WITH INGRESS/EGRESS POINTS ONTO CLAIRE AVE, INTERSECTIING WITH TUCKAWAY LN AND SEGLER DR WHICH BOTH MEET FT CAMPBELL BLVD. AVERAGE DAILY TRAFFIC COUNTS ON FT CAMPBELL BLVD IN THIS AREA EXCEED 20,000 VEHICLES. CURRENT TENANT LEASE IN PLACE THROUGH 2027.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,500 SF
Building Class
B
Year Built
2014
Price
$3,400,000
Price Per SF
$400
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.46 AC
Zoning
B-2 - Commercial
Parking
90 Spaces (10.59 Spaces per 1,000 SF Leased)
Frontage
250’ on Fort Campbell Blvd
Amenities
- Restaurant
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 145-00-00-014.14 | Total Assessment | $2,500,000 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Parcel Number
145-00-00-014.14
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,500,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Contact the Sale Advisor
209 Claire Ave