Madisonville Town Center
ALDI and Hobby Lobby Shadow Anchored | Anchored by Bealls, Marshalls, and Five Below | 100% Occupied
Marketing description
Madisonville Town Center is located off of Island Ford Road (17,700 VPD) and is just a short distance West from Interstate 69 (30,500 VPD). Island Ford Road, is the primary retail and commercial thoroughfare serving the city of Madisonville. The Center is also adjacent to a Starbucks (also available), Aspen Dental, and Fifth Third Bank pad. Additionally the asset is across from a Kroger and Lowe’s Home Improvement-anchored center providing the benefit of high crossover shopping exposure. This Kroger and Lowe’s have an annual combined visit count of 1.8M+, making them the most visited within their category group within 15 miles and placing them in the 90th+ percentile in the state. Additional surrounding Tenants include McDonald’s, Harbor Freight, O’Reily Auto Parts, Fresenius, and more. The property is also a 5-minute distance from Baptist Health Deaconess Madisonville, a 410-bed medical center with a 20-bed critical care unit. Madisonville Town Center is also near numerous single-family communities and multi-family complexes, providing a direct residential consumer base. The 5-mile trade area is supported by a population of over 26,000 residents with an average annual household income of over $71,000.
Investment highlights
Big Box Anchored Center | Strong In-Place Tenants |Scheduled Rental Increases | 2025 Construction | 10 Year WALT
Adjacent to Kroger & Lowe’s Home Improvement | Strong Tenant Presence | Baptist Health Deaconess Hospital
Direct Residential Consumer Base |Strong Demographics in 5-Mile Trade Area
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