KY Retail Center: Marshalls, Tractor Supply & Ruler Foods
72,013 SqFt
Marketing description
SVN Stone Commercial Real Estate is pleased to present this ±72,013 square foot retail center, anchored by national tenants Marshalls, Tractor Supply, and Ruler Foods (The Kroger Co). Each tenant operates under a modified gross lease with staggered expirations in 2027, 2031, and 2034, providing stable income and long-term upside. Priced at $4,850,000 with an 8.06% cap rate, the property generates over $390,000 in annual net operating income, offering investors a strong, cash-flowing asset with minimal management responsibilities.
Investment highlights
100% Leased to National Credit Tenants
Early 5-Year Lease Renewal by Ruler Foods (The Kroger Co)
New 10-Year Lease with Marshalls in 2024
New Roof in 2023 with Transferrable 20-Year Warranty
Positioned on US 62, Princeton’s main retail artery
Nearby national retailers like Walmart, McDonald’s, CVS, and AutoZone
Less than 2 miles from downtown Princeton and Caldwell Medical Center
Convenient access to Interstate 69
Draws from a wide trade area across Caldwell and neighboring counties
High visibility and easy ingress/egress with multiple access points
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