222 Thompsonville LnOak Grove, KY 42262

Property Details for 222 Thompsonville Ln

Year built

2008

Lot size

5.04 AC

Property size (Sq ft)

36,770 SF

Property type

Retail properties

Property subtype

Retail space

APN

145-00 00 014.03

APU

145000001403

Description

The Shoppes at Oak Grove offers a prime retail opportunity in a bustling strip center. This single-story, 36,770 square foot Class C building, constructed in 2008, sits on a 5.04-acre lot and boasts 55 parking spaces. Currently, there are 7,267 square feet of vacant space available, divisible to a minimum of 2,267 square feet. The flexible space is ideal for various retail uses, including the existing gym tenant. The property is conveniently located on Ft. Campbell Blvd, providing excellent visibility and accessibility. The zoning is B1. The building is ready for immediate occupancy, with the existing space stripped down and prepared for a new tenant's buildout. Landlord is open to providing tenant improvements based on the tenant's needs. This presents a unique chance to establish a business in a high-traffic area, adjacent to a major retailer like Walmart. The property's size and location make it an attractive investment for businesses seeking a strong foothold in a thriving market. Don't miss this opportunity to secure your space in this established retail center.

• CAP approach

  CAP return

  Valuation

  6%

  $9,337,578

  6.5%

  $8,619,302

  7%

  $8,003,638

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,976,207

  Geo Method

  $7,976,207

• Alternative Use

  Use

  Valuation

  Residential

  $7,270,704

  Hospitality

  $6,659,926

  Educational

  $5,540,980

  Medical

  $5,731,543

  Retail

  $8,619,302

Location Insight

City

Oak Grove

County

Christian

State

Kentucky

Latitude

36.6662

Longitude

-87.4394

CBSA code

17300

CBSA name

CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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