Oak Grove Shopping Center

Price: $6,006,073
Sq. Ft.: 32,660
Cap Rate: 8.25%
Built: 2006
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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, Respawn Coffee Company, Cazadores Mexican Restaurant, China Buffett & Grill, Great Clips, Buddy’s Home Furnishings, The Peach Cobbler Factory, CATO, 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.

  • 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 $184 Per Square Foot