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New Hartford Retail Center 3415 New Hartford Rd 9,010 SF 100% Leased Retail Building Owensboro, KY 42303 $2,318,000 ($257.27/SF) 7.40% Cap Rate
Investment Highlights
- New 9,010 SF Retail Development on 1.08 Acres
- Value-Add Through Vacancy Lease Up | Drive Through Option Available
- National Tenants Surrounding Investment Property | Dairy Queen Grill & Chill, Domino's Pizza, Dollar General, Lee's Famous Recipe Chicken, and Subway
- Stabilized, Long-Term NNN Leases with CAM Reimbursements
- Excellent Visibility & Frontage on New Hartford Rd | 15,400+ Vehicles Per Day | Main Thoroughfare Connecting Residential Neighborhoods to Major Retail
- Less than 5 Miles from Major Retail Hub | Walmart, Hobby Lobby, Academy Sports, Goodwill, Aldi, Menards and Much More
Executive Summary
New 9,010 SF Retail Development on 1.08 Acres
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,010 SF
Building Class
C
Year Built
2022
Price
$2,318,000
Price Per SF
$257.27
Cap Rate
7.40%
NOI
$171,556
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.08 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 003-13-15-008-00-000 | Improvements Assessment | $969,000 |
| Land Assessment | $194,000 | Total Assessment | $1,163,000 |
Property Taxes
Parcel Number
003-13-15-008-00-000
Land Assessment
$194,000
Improvements Assessment
$969,000
Total Assessment
$1,163,000
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New Hartford Retail Center | 3415 New Hartford Rd
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