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Off Market
1/5

3004-3010 Fort Campbell Blvd
Hopkinsville, KY 42240


HIGHLIGHTS

  • 100% of occupied GLA leased by National/Regional tenants: Harbor Freight, Bargain Hunt, and Farmers Home Furniture
  • Long-term leases with below market rents | Lease remaining 24% of total GLA
  • Offered well-below replacement costs | recent capital improvements include new facade, parking lot, signage
  • 16 miles north of Fort Campbell Army Base, third largest military base and leading employer

OVERVIEW

Cushman & Wakefield Retail Investment Advisors present Pennyrile Marketplace (the Property), a value-add, open-air center located in Hopkinsville, KY. Anchored by Harbor Freight, Bargain Hunt, and Farmers Home Furniture, Pennyrile Marketplace is located along the heavily travelled retail corridor of Fort Campbell Boulevard (22,500+ VPD). The 85,112-square-foot center is 76% occupied and the existing vacancy allows a new owner the opportunity to drive significant value by leasing the remaining small-shop space. Shadow anchored by Kroger, Pennyrile Marketplace is an ideal lineup of discount related tenants and the remaining shop space can fill an underserved market with food and service related occupiers. Offered significantly below replacement costs, the Property has recently experienced several major improvements including a new façade, parking lot, and signage. Pennyrile Marketplace is 16 miles north Fort Campbell Army Base, the third largest military base by population and the largest employer in Tennessee and Kentucky. The residents of Fort Campbell account annually for more than $4.5 billion in economic output for the communities located within the Base’s trade area.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Pennyrile Marketplace

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Supermarket, Department Store

TOTAL BUILDING SIZE

87439

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

471

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

227-00-02-005.00