Marcus & Millichap is pleased to present the opportunity to acquire a 32,660-square-foot, multi-tenant retail center in Oak Grove, Kentucky. Oak Grove Shopping Center is 100 percent leased, and all current leases are triple-net. Tenants include GameStop, Smoke & Vape Shop, Cazadores Mexican Restaurant, China Buffett & Grill, Great Clips, Buddy’s Home Furnishing, Apex Martial Arts, and an ATM leased to USAA. Oak Grove Shopping Center was constructed in 2006, and the building is situated on a large 4.93-acre parcel with ample paved parking.
The subject property is located on Segler Drive off Fort Campbell Boulevard, the city’s major north-south thoroughfare. Traffic counts in front of the property exceed 22,274 vehicles per day. Oak Grove Shopping Center is shadow-anchored by Walmart Supercenter; other nearby retailers include MAPCO Mart, Navy Federal Credit Union, Sonic Drive-In, Dollar Tree, Hibbett Sports, Legion Liquors, Jersey Mike’s Subs, and Wendy’s. The subject property benefits from close proximity to Fort Campbell, a United States Army installation. Located than two miles west of the property, Fort Campbell is the second-largest military base in the world with an active-duty military population of 26,587 soldiers; 50,812 family members; and over 6,500 civilian jobs.
Oak Grove, Kentucky, is just off Interstate 24 on the boundaries of Western Kentucky and Middle Tennessee. The city is less than four hours from Atlanta, Louisville, St. Louis, Memphis, and Nashville. The quiet rural community is most popularly known as “The Hometown of Fort Campbell”, conveniently nestled outside the gates of the 101st Airborne Division.
- Consists of Two Multi-Tenant Buildings Totaling 32,660 Square Feet
- Shadow-Anchored by Walmart Supercenter
- 100% Leased | All Leases are Triple Net
- Tenant Base is a Complementary Mix of National, Regional, and Local Retailers
- Additional Income Derived from On-Site ATM Leased to USAA
- Located Off Fort Campbell Boulevard, the City’s Major North/South Thoroughfare
- Traffic Counts Exceed 22,274 Vehicles Per Day
- Nearby Retailers Include Navy Federal Credit Union, Dollar Tree, Hibbett Sports, Sonic Drive-In, Taco Bell, and Others
- Less Than Two Miles West of Fort Campbell U.S. Army Installation, the 2nd Largest Military Base in the Nation
- Fort Campbell Supports 27,000+ Active Duty Military | 51,480 Family Members | Over 6,385 Civilian Jobs
- Close Proximity to Several School Campuses and National Hotel Chains, Providing Additional Traffic to the Area
- Oak Grove is Conveniently Positioned off Interstate 24, Between Hopkinsville, KY and Clarksville, TN | Less than One Hour from Nashville, TN
- Priced at $172 Per Square Foot
