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Woodlands Plaza 3332 Villa Point 2,000 - 4,000 SF of Retail Space Available in Owensboro, KY 42303
HIGHLIGHTS
- High-traffic arterial serving Owensboro's primary retail and commercial district
- 36,000+ daily traffic count on Highway 54
- Proven retail destination with established traffic patterns
- Surrounded by national retailers including McDonald's and Walgreens as immediate neighbors
- Dense population catchment with strong demographics
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 100 | 2,000 SF | 1-20 Years | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $50,253 CAD/YR $4,188 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 106 | 2,000 SF | 1 Year | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $50,253 CAD/YR $4,188 CAD/MO | Triple Net (NNN) |
3332 Villa Point - 1st Floor - Ste 100
PRIME ENDCAP WITH DRIVE-THROUGH Suite 100 - 3332 Villa Point, Owensboro, KY EXCEPTIONAL HIGHWAY 54 OPPORTUNITY - 2,000 SF SUITE HIGHLIGHTS ?? PREMIUM ENDCAP LOCATION 2,000 SF of prime retail/office space Corner endcap positioning for maximum visibility Highway 54 frontage with 36,000+ daily traffic Move-in ready condition - former bank space ?? RARE DRIVE-THROUGH ADVANTAGE 3-lane drive-through infrastructure in place Proven banking use - ready for financial services Adaptable design - can be modified for pharmacy, coffee, fast food, or other drive-through concepts Expansion potential - drive-through area can be enclosed to increase square footage LOCATION BENEFITS ?? UNBEATABLE HIGHWAY 54 EXPOSURE Prime corner of Highway 54 & Fairview Drive 36,000+ vehicles daily pass this intersection Surrounded by national retailers (McDonald's, Walgreens) Fairview Drive widening (2026) will enhance access and visibility ?? PROVEN RETAIL DESTINATION Established customer traffic patterns Complementary businesses drive cross-shopping Ample parking with recently sealed and striped lot Professional property management in place IDEAL FOR FINANCIAL SERVICES Banks and credit unions Check cashing services Insurance agencies Investment offices DRIVE-THROUGH RETAIL Pharmacy services Coffee shops Quick-service restaurants Convenience stores PROFESSIONAL SERVICES Medical/dental offices Legal services Real estate offices Accounting firms RETAIL CONCEPTS Specialty retail Service businesses Technology stores Personal services
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Highly Desirable End Cap Space
- Central Heating System
- Fully Carpeted
- Security System
- Closed Circuit Television Monitoring (CCTV)
- Corner Space
- Secure Storage
- Drive Thru
- Corner endcap positioning for maximum visibility
- Move-in ready condition - former bank space
- 3-lane drive-through infrastructure in place
- Expandable SF with a build out + retain drive thru
3332 Villa Point - 1st Floor - Ste 106
HIGHWAY 54 RETAIL OPPORTUNITY Suite 106 - 3332 Villa Point, Owensboro, KY PRIME IN-LINE SPACE - 2,000 SF SUITE HIGHLIGHTS ?? EXCELLENT RETAIL VISIBILITY 2,000 SF of flexible retail/service space Large storefront windows for maximum street visibility Highway 54 exposure with 36,000+ daily traffic Modern industrial design with polished concrete floors and exposed ceiling ?? HIGH-TRAFFIC LOCATION Prime position in established retail strip center Surrounded by national retailers (McDonald's, Walgreens) Fairview Drive widening (2026) will enhance access and visibility Recently sealed and striped parking lot LOCATION BENEFITS ?? UNBEATABLE HIGHWAY 54 EXPOSURE Corner location at Highway 54 & Fairview Drive intersection 36,000+ vehicles daily pass this high-visibility location Established customer traffic patterns Complementary businesses drive cross-shopping opportunities ?? CUSTOMER CONVENIENCE Ample parking with professional striping Easy access from major thoroughfares Professional property management Monument signage opportunities IDEAL FOR PERSONAL SERVICES Hair and nail salons Spa and wellness services Fitness studios Beauty and aesthetics RETAIL CONCEPTS Boutique clothing Specialty retail Electronics and wireless Home goods and gifts PROFESSIONAL SERVICES Medical and dental offices Insurance agencies Real estate offices Legal services FOOD & BEVERAGE Casual dining restaurants Coffee shops Quick-service concepts Specialty food retailers
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Air and Heating
- Surrounded national brands (McDonald's, Walgreens)
- Modern industrial aesthetic
- Exposed ceiling design
- Flexible floor plan
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT WOODLANDS PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Clark's Health & Nutrition Center
- Retailer
- 1
- -
- Computer Repair
- -
- -
- -
- Papa Johns
- Pizza
- 3,913
- International
- Supercuts
- Salon/Barber/Spa
- 3,811
- International
- Tri-State Advanced Pain Management PLLC
- Health Care and Social Assistance
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Clark's Health & Nutrition Center | Retailer | 1 | - |
| Computer Repair | - | - | - |
| Papa Johns | Pizza | 3,913 | International |
| Supercuts | Salon/Barber/Spa | 3,811 | International |
| Tri-State Advanced Pain Management PLLC | Health Care and Social Assistance | 1 | - |
PROPERTY FACTS
| Total Space Available | 4,000 SF | Frontage | |
| Center Type | Strip Center | Gross Leasable Area | 20,000 SF |
| Parking | 60 Spaces | Total Land Area | 3.00 AC |
| Stores | 8 | Year Built | 2005 |
| Center Properties | 1 |
| Total Space Available | 4,000 SF |
| Center Type | Strip Center |
| Parking | 60 Spaces |
| Stores | 8 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 20,000 SF |
| Total Land Area | 3.00 AC |
| Year Built | 2005 |
ABOUT THE PROPERTY
PRIME HIGHWAY 54 RETAIL INVESTMENT 3332 Villa Point, Owensboro, KY 42303 EXCEPTIONAL INVESTMENT OPPORTUNITY - $3,150,000 EXECUTIVE SUMMARY Discover a rare investment opportunity in one of Owensboro's most coveted retail corridors. This 20,000 SF multi-tenant retail building sits prominently on 3 acres at the high-traffic intersection of Highway 54 and Fairview Drive, offering investors stable income with tremendous upside potential. LOCATION ADVANTAGES ?? UNBEATABLE HIGHWAY 54 EXPOSURE Prime corner location at Highway 54 & Fairview Drive intersection Exceptional visibility with 400' frontage on Villa Point Drive and 220' on Fairview Drive High-traffic arterial serving Owensboro's primary retail and commercial district Surrounded by national retailers including McDonald's and Walgreens as immediate neighbors ?? STRATEGIC POSITIONING 36,000+ daily traffic count on Highway 54 Located in the heart of Owensboro's retail hub Fairview Drive widening project (2026) will enhance access and visibility Dense population catchment with strong demographics Proven retail destination with established traffic patterns INVESTMENT HIGHLIGHTS FINANCIAL PERFORMANCE Asking Price: $3,150,000 Building Size: 20,000 SF on 2.907 acres Established tenant base providing stable rental income Value-add opportunity with 2 vacant units ready for immediate leasing PROPERTY FEATURES Year Built: 2005 - Modern construction with 20+ years of useful life remaining Recently improved: Newly sealed and striped parking lot Multiple tenancy provides income diversification and reduced vacancy risk Flexible space configuration accommodates restaurants, professional offices, and retail Drive-thru capability maximizes tenant appeal and rental rates Ample parking: 60 spaces (3:1000 SF ratio) ensures customer convenience OPERATIONAL ADVANTAGES Tenant-controlled HVAC reduces owner maintenance responsibilities 10 exterior loading docks provide operational flexibility for tenants B-4 Business zoning allows wide range of commercial uses Professional property management in place through Gulfstream Commercial Services MARKET OPPORTUNITY OWENSBORO ECONOMIC STRENGTH Regional economic hub for Western Kentucky Stable employment base with diverse industries Growing population with strong retail spending patterns Limited new retail development creates supply constraints HIGHWAY 54 CORRIDOR DOMINANCE Primary retail and commercial thoroughfare Continuous traffic flow throughout business hours Established as Owensboro's premier shopping destination Surrounded by complementary businesses driving cross-shopping TENANT MIX & INCOME POTENTIAL CURRENT OCCUPANCY Multiple established tenants providing stable cash flow Diverse tenant mix reduces concentration risk 2 vacant units available for immediate income enhancement LEASING UPSIDE Prime spaces ready for restaurants, professional offices, or retail Drive-thru capability commands premium rents Strong tenant demand for Highway 54 locations Professional leasing team actively marketing vacant spaces KEY FEATURES: Corner lot positioning for maximum visibility Drive-thru capability Individual tenant HVAC control Multiple exterior loading docks Restaurant-ready infrastructure Professional office build-out potential INVESTMENT THESIS WHY NOW? Stable Income Stream: Established tenant base with reliable cash flow Immediate Upside: 2 vacant units ready for leasing Prime Location: Irreplaceable Highway 54 frontage Market Strength: Owensboro's continued economic growth Professional Management: Turnkey operation with experienced team IDEAL FOR: Private Investors seeking stable retail income REITs expanding Kentucky retail portfolios 1031 Exchange buyers looking for quality replacement property Local Investors familiar with Owensboro market strength
- Banking
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Air Conditioning
NEARBY MAJOR RETAILERS
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Woodlands Plaza | 3332 Villa Point
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