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Shopping Strip

Oak Grove Shopping Center

200-266 Segler Dr, Oak Grove, KY 42262

Listing Price: $6,606,680

Cap Rate
7.50%
Gross SF
32,660
Rentable SF
32,660
Price/Gross SF
$202.29
Lot Size
4.63 acres
Year Built
2006

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a 32,660-square-foot, multi-tenant retail center in Oak Grove, Kentucky. Oak Grove Shopping Center is 100 percent leased, and all current leases are triple-net. Tenants include GameStop, Smoke & Vape Shop, Respawn Coffee Company, The Flip'n Axe, Cazadores Mexican Restaurant, China Buffett & Grill, Great Clips, Buddy’s Home Furnishings, The Peach Cobbler Factory, CATO, and an ATM leased to USAA. Oak Grove Shopping Center was constructed in 2006, and the building is situated on a large 4.93-acre parcel with ample paved parking.

The subject property is located on Segler Drive off Fort Campbell Boulevard, the city’s major north-south thoroughfare. Traffic counts in front of the property exceed 22,274 vehicles per day. Oak Grove Shopping Center is shadow-anchored by Walmart Supercenter; other nearby retailers include MAPCO Mart, Navy Federal Credit Union, Sonic Drive-In, Dollar Tree, Hibbett Sports, Legion Liquors, Jersey Mike’s Subs, and Wendy’s. The subject property benefits from close proximity to Fort Campbell, a United States Army installation. Located than two miles west of the property, Fort Campbell is the second-largest military base in the world with an active-duty military population of 26,587 soldiers; 50,812 family members; and over 6,500 civilian jobs.

Investment Highlights

  • Consists of Two Multi-Tenant Buildings Totaling 32,660 Square Feet | Shadow-Anchored by Walmart Supercenter
  • 100% Leased | All Leases are Triple Net
  • Tenant Base is a Complementary Mix of National, Regional, and Local Retailer
  • Located Off Fort Campbell Boulevard, the City's Major North/South Thoroughfare
  • Less Than Two Miles West of Fort Campbell U.S. Army Installation, the 2nd Largest Military Base in the Nation

Exclusively Listed By

Broker of Record

  • Grant Fitzgerald

    Vice President/Regional Manager

    (502) 329-5900

    License(s) KY: 286261

    Kentucky

Shopping Strip

Oak Grove Shopping Center

Listing Price: $6,606,680

Cap Rate
7.50%
Gross SF
32,660
Rentable SF
32,660
Price/Gross SF
$202.29
Lot Size
4.63 acres
Year Built
2006

Investment Highlights

  • Consists of Two Multi-Tenant Buildings Totaling 32,660 Square Feet | Shadow-Anchored by Walmart Supercenter
  • 100% Leased | All Leases are Triple Net
  • Tenant Base is a Complementary Mix of National, Regional, and Local Retailer
  • Located Off Fort Campbell Boulevard, the City's Major North/South Thoroughfare
  • Less Than Two Miles West of Fort Campbell U.S. Army Installation, the 2nd Largest Military Base in the Nation

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a 32,660-square-foot, multi-tenant retail center in Oak Grove, Kentucky. Oak Grove Shopping Center is 100 percent leased, and all current leases are triple-net. Tenants include GameStop, Smoke & Vape Shop, Respawn Coffee Company, The Flip'n Axe, Cazadores Mexican Restaurant, China Buffett & Grill, Great Clips, Buddy’s Home Furnishings, The Peach Cobbler Factory, CATO, and an ATM leased to USAA. Oak Grove Shopping Center was constructed in 2006, and the building is situated on a large 4.93-acre parcel with ample paved parking. The subject property is located on Segler Drive off Fort Campbell Boulevard, the city’s major north-south thoroughfare. Traffic counts in front of the property exceed 22,274 vehicles per day. Oak Grove Shopping Center is shadow-anchored by Walmart Supercenter; other nearby retailers include MAPCO Mart, Navy Federal Credit Union, Sonic Drive-In, Dollar Tree, Hibbett Sports, Legion Liquors, Jersey Mike’s Subs, and Wendy’s. The subject property benefits from close proximity to Fort Campbell, a United States Army installation. Located than two miles west of the property, Fort Campbell is the second-largest military base in the world with an active-duty military population of 26,587 soldiers; 50,812 family members; and over 6,500 civilian jobs.

Exclusively Listed By

Broker of Record

  • Grant Fitzgerald

    Vice President/Regional Manager

    (502) 329-5900

    License(s): KY: 286261

    Kentucky

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