STNL Enterprise Rent-A-Car 703 Salem Dr 1,155 SF Retail Building Owensboro, KY 42303 $527,710 ($456.89/SF) 7.25% Cap Rate

This single-tenant Enterprise Rent-A-Car location offers investors a rare opportunity to own a high-visibility automotive service site backed by one of the most financially stable brands in the country. Located at the prominent corner of Frederica Street and the Highway 60 Bypass, the property delivers strong daily traffic counts, easy access, and the exact positioning Enterprise prefers for its neighborhood rental branches. With Enterprise responsible for taxes, insurance, personal property tax, and much of the operational upkeep, the asset functions as a low-maintenance, dependable income generator. A newly installed roof further enhances the property’s stability by eliminating a major future expense.
Investors looking for reliable cash flow, tax advantages, and long-term appreciation will find this asset compelling. Enterprise has a well-documented history of renewing and occupying strategic sites for extended periods, and this location is no exception. The combination of durable tenancy, minimal landlord obligations, and strong underlying land value makes this property an attractive addition to any portfolio seeking stable returns, depreciation benefits, and long-term wealth creation.