Retail Business for Sale in Owensboro, KY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Owensboro, KY 42301

Investment Figures

Cap rate
6.10%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

7.5 Years Remaining on Freestanding QSR with Drive Thru | Arby’s Restaurant Group (Inspire Brands) Corporately Guaranteed Absolute NNN Lease with Three, Five-Year Renewal Options | Ten Percent Rental Increases Every 5 Years and in Options Strategically Located Directly Off US Hwy 60/Wendell Ford Expressway as a Kroger Outparcel on W Parrish Avenue – the City’s Main East/West Thoroughfare | Adjacent to New Publix Supermarket Development Surrounded by National Retailers: Kroger, Publix, Tractor Supply Company, McDonald’s, Burger King, Publix, Goodwill, Advance Auto Parts, O’Reilly Auto Parts, Ollie’s Bargain Outlet, Little Caesar’s, Sonic, AutoZone, Ace Hardware, US Bank, Marathon and Others ½ Mile to Owensboro-Daviess County Regional Airport and the area’s Newest 480-Acre Industrial Park, MidAmerica Airpark Owensboro is the Fourth-Largest City in Kentucky and the Principal City of the Owensboro MSA with a Population of 114,752. It is the Second-Largest City in the 30-County Tri-State Area Serving Over 900,000 Residents Owensboro is Booming with $414 Million in Investments and 700 New Jobs in 2024 | The City is Recognized as the Barbecue Capital of the World and Home to the Bluegrass Music Hall of Fame & Museum Investment Highlights: • 7.5 Years Remaining on Freestanding QSR with Drive Thru | Arby's Restaurant Group (Inspire Brands) Corporately Guaranteed Absolute NNN Lease with Three, Five-Year Renewal Options • Strategically Located Directly Off US Hwy 60/Wendell Ford Expressway as a Kroger Outparcel on W Parrish Avenue – the City's Main East/West Thoroughfare | Adjacent to New Publix Supermarket Development • ½ Mile to Owensboro-Daviess County Regional Airport and the area's Newest 480-Acre Industrial Park, MidAmerica Airpark

Market Context

This retail in Owensboro, KY is listed for sale. It is offered at an approximate 6.1% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 101 days. Compare it against other retail listings for sale in Owensboro, KY — view the full market.

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