456 Hudson Park Dr - Freestanding FOR SALE


Madisonville, KY 42431
$13,171,000 USD
248-688-0631
456 Hudson Park Dr, Madisonville, KY for Sale
$13,171,000 USD
Freestanding - FOR SALE
1/10
null | 7.15% Cap Rate

456 Hudson Park Dr
Madisonville, KY 42431


HIGHLIGHTS

  • Big Box Anchored Center | Strong In-Place Tenants | Scheduled Rental Increases | 2025 Construction | 10 Year WALT
  • Adjacent to Kroger & Lowe’s Home Improvement | Strong Tenant Presence | Baptist Health Deaconess Hospital
  • Direct Residential Consumer Base | Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS Multi-Tenant Investments is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 71,191 SF shopping center anchored by Bealls, Five Below and Marshalls with ALDI (available as a separate offering, see page 22 for details) and Hobby Lobby as end-cap shadow anchors. Madisonville Town Center is located in a new development off of Island Ford Road that was constructed in 2025. The property is 100% leased and with 10 years of weighted average lease term remaining and every tenant containing multiple options to renew at fixed rent increases providing a hedge against inflation. Madisonville Town Center is located off of Island Ford Road (17,700 VPD) and is just a short distance West from Interstate 69 (30,500 VPD). Island Ford Road, is the primary retail and commercial thoroughfare serving the city of Madisonville. The Center is also adjacent to a Starbucks (also available), Aspen Dental, and Fifth Third Bank pad. Additionally the asset is across from a Kroger and Lowe’s Home Improvement-anchored center providing the benefit of high crossover shopping exposure. This Kroger and Lowe’s have an annual combined visit count of 1.8M+, making them the most visited within their category group within 15 miles and placing them in the 90th+ percentile in the state. Additional surrounding Tenants include McDonald’s, Harbor Freight, O’Reily Auto Parts, Fresenius, and more. The property is also a 5-minute distance from Baptist Health Deaconess Madisonville, a 410-bed medical center with a 20-bed critical care unit. Madisonville Town Center is also near numerous single-family communities and multi-family complexes, providing a direct residential consumer base. The 5-mile trade area is supported by a population of over 26,000 residents with an average annual household income of over $71,000.

FOR SALE DETAILS

PRICE

$13,171,000 USD

PRICE/SF

$84 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Madisonville Town Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

GC

APN/PARCEL ID

M-31-4-3-1

ASK ABOUT THIS PROPERTY

Frank RogersSRS Real Estate PartnersMore Info
248-688-0631

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Frank RogersSRS Real Estate PartnersMore Info
248-688-0631

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.