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3004-3010 Fort Campbell Blvd
Hopkinsville, KY 42240

Pennyrile Marketplace · Retail Property For Sale

INVESTMENT HIGHLIGHTS

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

PROPERTY FACTS

Property Type
Retail
Building Size
87,439 SF
Building Class
B
Year Built
1978
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
11.84 AC
Parking
471 Spaces (5.53 Spaces per 1,000 SF Leased)
Frontage
402’ on Skyline Drive

ABOUT 3004-3010 FORT CAMPBELL BLVD , HOPKINSVILLE, KY 42240

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.

PROPERTY TAXES

  • Listing ID: 17104725

  • Date on Market: 9/4/2019

  • Last Updated:

  • Address: 3004-3010 Fort Campbell Blvd, Hopkinsville, KY 42240