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5257 Frederica St 6,218 SF of Retail Space Available in Owensboro, KY 42301
HIGHLIGHTS
- Fully equipped, free-standing former Tumbleweed Tex Mex Grill & Margarita Bar
- 266-seat capacity
- Prominent building and pylon signage opportunities
- Prime corner lot with excellent visibility and access
- Dedicated turn lane and signalized intersection
- Possible tenant improvement allowance for qualified tenants
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,218 SF | 1-7 Years | $23.52 CAD/SF/YR $1.96 CAD/SF/MO $146,233 CAD/YR $12,186 CAD/MO | Triple Net (NNN) |
1st Floor
Property Features Zoning: Commercial Building Size: 6,218 SF Lot Size: 1.251 Acres Parking: 125 spaces (20.1/1,000 SF) Construction: Masonry Outdoor seating and walk-in freezer included Surrounded by national retailers, restaurants, and service providers
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space In Need of Renovation
- Fully equipped, free-standing former Tumbleweed Te
- Prime corner lot with excellent visibility and acc
- 266-seat capacity
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 | 6,218 SF | Gross Leasable Area | 6,218 SF |
| Property Type | Retail | Year Built | 1997 |
| Property Subtype | Restaurant | Parking Ratio | 20.1/1,000 SF |
| Total Space Available | 6,218 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 6,218 SF |
| Year Built | 1997 |
| Parking Ratio | 20.1/1,000 SF |
ABOUT THE PROPERTY
Turnkey Restaurant Opportunity in Owensboro’s Busiest Retail Corridor! Former Tumbleweed Tex Mex Grill & Margarita Bar – 6,218 SF on 1.25 acres with 125 parking spaces, corner-lot visibility, and seating for 266 guests. Features include a 338 SF porch, 312 SF walk-in freezer, dedicated turn lane, and pylon signage at a signalized intersection. Possible tenant improvement allowance. Ideal for regional or national restaurant operators looking for high-traffic exposure in a thriving retail hub.
- Corner Lot
- Dedicated Turn Lane
- Restaurant
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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5257 Frederica St
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