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Kroger

1505 E Broadway St, Campbellsville, KY, USA
$2,950,000 8.0% Cap 35,000 sq ft Built 1993 Representative Photo Print This Page

Location

1505 E Broadway St, Campbellsville, KY, USA

Price: $2,950,000
Building Size: 35,000 SF
Price/SF: $98
NOI: $235,599
Cap Rate: 8.00%
County: Taylor
Year Built/Reno: 1993/2007

100% Fee Simple InterestEstablished Tenancy at this LocationExcellent Access and VisibilityHealthy Rent to Sales RatioLocated on a Major Commercial ThoroughfareMinimal Landlord ObligationsSurrounded by Major Retailers

The subject property is a 35,000 square foot 100% fee simple interest Kroger (NYSE: KR). It features a pharmacy drive-thru and is situated on nearly 4 acres along one of Campbellsville’s main corridors experiencing ±13,000 vehicles per day. The asset is surrounded by major retailers including: Amazon Fulfillment Center, Best Western, Taco Bell, Marathon Gas, Hardee’s and Dollar General. The property is also in proximity to Taylor County Airport and Campbellsville University (5,000 students).

Campbellsville is a city in central Kentucky founded in 1817 by Andrew Campbell. It is known for Campbellsville University, Taylor Regional Hospital health care system, its historic downtown, and the proximity to Green River Lake State Park. Campbellsville is the county seat of Taylor County, with a geographic boundary shaped like a heart. Campbellsville celebrated its bicentennial on July 4, 2017.

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