Pennyrile Marketplace

Pennyrile Marketplace

3010 Fort Campbell Boulevard, Hopkinsville, KY, USA

Pennyrile Marketplace

Cushman & Wakefield Retail Investment Advisors present Pennyrile Marketplace (the Property), a value-add, open-air center located in Hopkinsville, KY. Anchored by Harbor Freight, Bargain Hunt, and Farmers Home Furniture, Pennyrile Marketplace is located along the heavily travelled retail corridor of Fort Campbell Boulevard (22,500+ VPD). The 85,112-square-foot center is 76% occupied and the existing vacancy allows a new owner the opportunity to drive significant value by leasing the remaining small-shop space. Shadow anchored by Kroger, Pennyrile Marketplace is an ideal lineup of discount related tenants and the remaining shop space can fill an underserved market with food and service related occupiers. Offered significantly below replacement costs, the Property has recently experienced several major improvements including a new façade, parking lot, and signage.

Pennyrile Marketplace is 16 miles north Fort Campbell Army Base, the third largest military base by population and the largest employer in Tennessee and Kentucky. The residents of Fort Campbell account annually for more than $4.5 billion in economic output for the communities located within the Base’s trade area.

Property Summary

Site Area12.5 acres
Year Built1978
GLA (SF)85,112 SF
AnchorFarmers Home Furniture, Harbor Freight, Bargain Hunt
Occupancy76%

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