4875 Fort Campbell Blvd
Hopkinsville, KY 42240
Retail Property For Sale

Cushman & Wakefield Retail Investment Advisors presents Hopkinsville Towne Center, a 184,761 square foot newly constructed dominant open-air community center located in Hopkinsville, Kentucky. Hopkinsville Towne Center is 97.5% occupied and anchored by national credit tenants Hobby Lobby, TJ Maxx, Ross, Five Below, Burkes, and Ulta. Also included in the offering is a fully occupied multi-tenant outlot anchored by Panera Bread. Hobby Lobby executed a new 15 year lease with increases throughout the initial term and all other national tenants have leases that run for at least ten years with increases. 100% of the existing tenants are nationally recognized brands and the Towne Center services a 30-mile regional trade area that encompasses southwest Kentucky and northwest Tennessee. Constructed in 2017, each building includes all new mechanicals and a 15 year warranty on the roofs. The buildings are also separately parceled, which allows a buyer the flexibility to sell these properties individually in the future if they choose to reduce their overall basis. Hopkinsville Towne Center is only 10 miles north of Fort Campbell, home to the 5th largest US military base in the country with more than 70,000 active soldiers and their family members. Fort Campbell is the largest employer in Tennessee and Kentucky and puts $2.6 billion into the local economy each year. Located at the intersection of Fort Campbell Blvd and Eagle Way, Towne Center is accessible from the nearby exit of I-169 and the property is surrounded by big box retailers such as Lowe’s, Walmart, and Kroger.