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Wesleyan Kroger Outparcel 2804 Frederica St 5,879 SF 100% Leased Retail Building Owensboro, KY 42301 $2,237,000 ($380.51/SF) 7% Cap Rate

Retail Spaces Kentucky Owensboro 2804 Frederica St, Owensboro, KY 42301

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Investment Highlights

  • Brand New Development | Stabilized with Long-Term NNN Leases
  • Outparcel to Kroger Grocery Anchored Center | Kroger Averages 1.4 Million Visits Per Year
  • 12 Minutes Away to Owensboro Health Regional Hospital
  • Prominent Retail Center Located Along Frederica Street, Owensboro’s Primary Commercial Corridor | Excellent Visibility & Frontage
  • Subject Property is 1/2 Mile to Kentucky Wesleyan College | 700+ Students Yearly
  • 9 Minutes to Owensboro-Daviess County Regional Airport

Executive Summary

Brand New Development | Stabilized with Long-Term NNN Leases

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
5,879 SF
Year Built
2021
Price
$2,237,000
Price Per SF
$380.51
Cap Rate
7%
NOI
$156,572
Percent Leased
100%
Building Height
1 Story

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2804 Frederica St, Owensboro, KY - Aerial map view
Walk Score®
Very Walkable (76)
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Nearby Major Retailers

U.S. Bank
Truist
PNC Bank
Chase Bank
Ymca
Starbucks
Kroger
Pure Barre
Scooter's Coffee
Peoples Bancorp, Inc.
(248) 702-0288

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Contact the brokers for more information about this property

Contacts

  • Listing ID: 39339078

  • Date on Market: 2/5/2026

  • Last Updated:

  • Address: 2804 Frederica St, Owensboro, KY 42301

The Retail Property at 2804 Frederica St, Owensboro, KY 42301 is currently available for Sale. Contact Encore Real Estate Investment Services for more information.

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Wesleyan Kroger Outparcel | 2804 Frederica St
(248) 702-0288 x

Wesleyan Kroger Outparcel | 2804 Frederica St

Deno Bistolarides
(248) 702-0288

Evan Lyons
(248) 535-0354

Michael West
(270) 313-2766

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