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South Frederica End Cap 5051 Frederica St 2,250 SF of Retail Space Available in Owensboro, KY 42301
Highlights
- End-Cap Opportunity
- Ample Storefront Exposure
- Versatile Layout
- Highly Visible Location
- Modern Finishes
- Generous Square Footage
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B | 2,250 SF | Negotiable | $27.70 CAD/SF/YR $2.31 CAD/SF/MO $62,331 CAD/YR $5,194 CAD/MO | Triple Net (NNN) |
1st Floor, Ste B
Located in the center of Owensboro’s main retail corridor, the property offers quick access to major retailers like Target, Walmart, Home Depot, and Lowe's, as well as a wide range of restaurants. With close proximity to major highways and public transit, the area is ideal for businesses seeking visibility and convenience. A new $17.7 million indoor/outdoor family entertainment center is just a stone's throw away across the street at Towne Square Center, further enhancing the area’s appeal. Discover the vibrant energy of Owensboro, KY, surrounding the prime location of this property. Located in a bustling retail district, the area offers a dynamic mix of popular shops and trendy eateries, making it an attractive destination for both locals and visitors. Enjoy diverse dining options and a strong retail presence in this South Frederica Corridor area. Excellent location for retail tenants seeking a high-traffic, high-visibility environment to establish their presence.
- Lease rate does not include utilities, property expenses or building services
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.
Property Facts
| Total Space Available | 2,250 SF | Gross Leasable Area | 15,000 SF |
| Property Type | Retail | Year Built | 1993 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 5/1,000 SF |
| Total Space Available | 2,250 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 15,000 SF |
| Year Built | 1993 |
| Parking Ratio | 5/1,000 SF |
About the Property
Located in the center of Owensboro’s main retail corridor, the property offers quick access to major retailers like Target, Walmart, Home Depot, and Lowe's, as well as a wide range of restaurants. With close proximity to major highways and public transit, the area is ideal for businesses seeking visibility and convenience. A new $17.7 million indoor/outdoor family entertainment center is just a stone's throw away across the street at Towne Square Center, further enhancing the area’s appeal. Discover the vibrant energy of Owensboro, KY, surrounding the prime location of this property. Located in a bustling retail district, the area offers a dynamic mix of popular shops and trendy eateries, making it an attractive destination for both locals and visitors. Enjoy diverse dining options and a strong retail presence in this South Frederica Corridor area. Excellent location for retail tenants seeking a high-traffic, high-visibility environment to establish their presence.
Nearby Major Retailers
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South Frederica End Cap | 5051 Frederica St
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