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Shopping Regional

Wesleyan Park Plaza

2630 Frederica St, Owensboro, KY 42301

Listing Price: $13,874,600

Cap Rate
8.32%
Gross SF
163,253
Rentable SF
163,253
Price/Gross SF
$84.99
Lot Size
14.70 acres
Year Built
1964

Investment Overview

Wesleyan Plaza Park Overview

Location: 2630 Frederica St, Owensboro, KY
Property Type: Grocery Anchored Center with multiple outparcels
Zoning: Retail / Retail Stores
Traffic: 22,729 vehicles per day on Frederica Street
Total Building Area: 163,253 sq ft
Total Land Area: Approximately 14.17 acres
Primary Anchors: Kroger and Sherwin Williams
Outparcels: Long John Silver's, Ernesto’s, and Niko’s Bakery & Café

Wesleyan Plaza Park is a high-traffic grocery anchored center strategically located in Owensboro, KY. This grocery anchored center is anchored by Kroger, enhancing foot traffic and visibility for smaller tenants. The outparcels, which include prominent national brands like McDonald's and Long John Silver's, provide added consumer draw, benefiting both the primary plaza and outparcel businesses.

Investment Highlights

  • The 5-mile radius of Wesleyan Plaza Park holds a population of approximately 74,680, projected to increase to 76,084 by 2028. The surrounding area boasts a median household income of $56,033.
  • Positioned on Frederica Street, a major Owensboro thoroughfare, Wesleyan Plaza Park benefits from 22,729 vehicles passing daily, making it an ideal location for retailers seeking high traffic exposure
  • The presence of longstanding national tenants in the outparcels, along with a diverse mix of local and regional tenants within the plaza, demonstrates stability.
  • Owensboro, located along the Ohio River in Daviess County, is the fourth-largest city in Kentucky, with a population around 60,000 and over 120,000 in the metro area. The local economy includes healthcare, manufacturing, and education sectors.
  • Wesleyan Plaza Park is a high-traffic grocery anchored center strategically located in Owensboro, KY. This grocery anchored center is anchored by Kroger, enhancing foot traffic and visibility for smaller tenants. The outparcels, which include prominent national brands like McDonald's and Long John Silver's.

Exclusively Listed By

Broker of Record

  • Grant Fitzgerald

    Vice President/Regional Manager

    (502) 329-5900

    License(s) KY: 286261

    Kentucky

Financing By

Shopping Regional

Wesleyan Park Plaza

Listing Price: $13,874,600

Cap Rate
8.32%
Gross SF
163,253
Rentable SF
163,253
Price/Gross SF
$84.99
Lot Size
14.70 acres
Year Built
1964

Investment Highlights

  • The 5-mile radius of Wesleyan Plaza Park holds a population of approximately 74,680, projected to increase to 76,084 by 2028. The surrounding area boasts a median household income of $56,033.
  • Positioned on Frederica Street, a major Owensboro thoroughfare, Wesleyan Plaza Park benefits from 22,729 vehicles passing daily, making it an ideal location for retailers seeking high traffic exposure
  • The presence of longstanding national tenants in the outparcels, along with a diverse mix of local and regional tenants within the plaza, demonstrates stability.
  • Owensboro, located along the Ohio River in Daviess County, is the fourth-largest city in Kentucky, with a population around 60,000 and over 120,000 in the metro area. The local economy includes healthcare, manufacturing, and education sectors.
  • Wesleyan Plaza Park is a high-traffic grocery anchored center strategically located in Owensboro, KY. This grocery anchored center is anchored by Kroger, enhancing foot traffic and visibility for smaller tenants. The outparcels, which include prominent national brands like McDonald's and Long John Silver's.

Investment Overview

Wesleyan Plaza Park Overview Location: 2630 Frederica St, Owensboro, KY Property Type: Grocery Anchored Center with multiple outparcels Zoning: Retail / Retail Stores Traffic: 22,729 vehicles per day on Frederica Street Total Building Area: 163,253 sq ft Total Land Area: Approximately 14.17 acres Primary Anchors: Kroger and Sherwin Williams Outparcels: Long John Silver's, Ernesto’s, and Niko’s Bakery & Café Wesleyan Plaza Park is a high-traffic grocery anchored center strategically located in Owensboro, KY. This grocery anchored center is anchored by Kroger, enhancing foot traffic and visibility for smaller tenants. The outparcels, which include prominent national brands like McDonald's and Long John Silver's, provide added consumer draw, benefiting both the primary plaza and outparcel businesses.

Exclusively Listed By

Broker of Record

  • Grant Fitzgerald

    Vice President/Regional Manager

    (502) 329-5900

    License(s): KY: 286261

    Kentucky

Financing By

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