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Lake Forest Center

$4,900,000

4551 Springhill Dr, Owensboro, KY 42303

Active
Last Updated: 06/12/2025

20,000 sqft

Building Size

2.73 acres

Lot Area

Details:
Building Size:    20,000 sqft
Lot Area:    2.73 acres
Year Built:    2017
Floors:    1
Highlights:
  • $4,900,000
  • 100% Occupied
  • NNN Leases
Description:

Discover an exceptional investment opportunity in the heart of Owensboro with this prime Retail/Strip Center property. Boasting a 20,000 SF building constructed in 2017, this meticulously maintained asset is a compelling addition to any investment portfolio. Zoned B-4, the property offers versatility for various retail and commercial uses, ensuring a potential for long-term success. Currently 100% occupied with NNN leases in place, this turnkey investment generates a solid income annually. With a strategic location in Owensboro, this property presents a rare chance to secure a stable and lucrative retail investment in a thriving market.

Discover the vibrant community surrounding Lake Forest Center in Owensboro, KY. This prominent commercial hub is situated in a thriving retail district, offering high visibility and access to a strong consumer base. The area is home to popular shopping destinations, including a Super Walmart, Kohl's and Gateway Commons, attracting a steady flow of foot traffic and shoppers. Nearby amenities such as restaurants, entertainment venues, and recreational facilities create a welcoming atmosphere for businesses. With easy access to major roadways and surrounded by residential neighborhoods, the location offers an ideal environment for a Retail/Strip Center investment opportunity. Experience the dynamic energy and strategic potential of this prime commercial location in Owensboro.

Map:
4 Spaces Available

Unit 5 Strip Center

Available:
Immediately
Sublease:
No
SQFT
8,000
Lease Type:
Gross

This space was formerly USA Bridal and it can be subdivided. The Landlord will do a portion of tenant buildout as part of a 5 year lease at $16/sf NNN.

Unit 6 Strip Center

Available:
Immediately
Sublease:
No
SQFT
2,000
Lease Type:
Gross

Shell space - Landlord will do a portion of tenant buildout as part of a 5 year lease at $16/sf NNN.

Unit 7 Street Retail

Available:
Immediately
Sublease:
No
SQFT
2,000
Lease Type:
Gross

Shell space - Landlord will do a portion of tenant buildout as part of a 5 year lease at $16/sf NNN.

Unit 3 Strip Center

Available:
Immediately
Sublease:
No
SQFT
4,000
Lease Type:
Gross

Description with tenant buildout

Documents:
Title
NEW - Lease Brochure
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Lake Forest Center - Offering Memorandum
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Lake_Forest_Center_-_Offering_Memorandum.pdf
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Location
Gallery