3211 frederica street | owensboro, ky 42301 for sale | n/a...b.a. organizational communication -...

7
WILLIAM G. BARRON, CCIM Managing Broker BO BARRON, CCIM Managing Director [email protected] (P) 270.926.1101 x170 (C) 270.313.2444 [email protected] (P) 270.926.1101 x140 (C) 270.993.8177 We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction OFFERING SUMMARY Available SF: 1,540 SF Lease Rate: $16.00 SF/yr (NNN) Year Built: 1989 Building Size: 20,830 SF Renovated: 2018 Zoning: B-4 Market: Frederica St Corridor PROPERTY OVERVIEW The absolute center of Owensboro on the main North/South corridor. This property is located on a lighted corner in the heart of the city. It is directly across the street from Kentucky Wesleyan College, a quarter mile from Wesleyan Park Plaza (a Kroger anchored center), and within 2 miles of the regional retail/dining district, anchored with Wal-Mart, Sam's, Lowe's, and Home Depot. PROPERTY HIGHLIGHTS Digital Signage Available on Corner with Stop Light Great Visibility Convenient, Central Location 112 Parking Spaces On Main North/South Artery of Owensboro, KY All Previous Tenants Have Prospered and Expanded From This Location TOWER PLACE | 20,830 SF | OWENSBORO, KY N/A For Sale | Executive Summary 3211 Frederica Street | Owensboro, KY 42301

Upload: others

Post on 23-Aug-2020

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: 3211 Frederica Street | Owensboro, KY 42301 For Sale | N/A...B.A. Organizational Communication - Murray State University A.A Arabic Language - Defense Language Institute at the Presidio

WILLIAM G. BARRON, CCIM Managing Broker

BO BARRON, CCIM Managing [email protected] (P) 270.926.1101 x170 (C) 270.313.2444

[email protected] (P) 270.926.1101 x140 (C) 270.993.8177

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price,rental or otther conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax andlegal advisors should conduct your own investigation of the property and transaction

OFFERING SUMMARY

Available SF: 1,540 SF

Lease Rate: $16.00 SF/yr (NNN)

Year Built: 1989

Building Size: 20,830 SF

Renovated: 2018

Zoning: B-4

Market: Frederica St Corridor

PROPERTY OVERVIEWThe absolute center of Owensboro on the main North/South corridor. Thisproperty is located on a lighted corner in the heart of the city. It is directlyacross the street from Kentucky Wesleyan College, a quarter mile fromWesleyan Park Plaza (a Kroger anchored center), and within 2 miles of theregional retail/dining district, anchored with Wal-Mart, Sam's, Lowe's, andHome Depot.

PROPERTY HIGHLIGHTS• Digital Signage Available on Corner with Stop Light

• Great Visibility

• Convenient, Central Location

• 112 Parking Spaces

• On Main North/South Artery of Owensboro, KY

• All Previous Tenants Have Prospered and Expanded From This Location

›TOWER PLACE | 20,830 SF | OWENSBORO, KY

N/AFor Sale |

Executive Summary

3211 Frederica Street | Owensboro, KY 42301

Page 2: 3211 Frederica Street | Owensboro, KY 42301 For Sale | N/A...B.A. Organizational Communication - Murray State University A.A Arabic Language - Defense Language Institute at the Presidio

WILLIAM G. BARRON, CCIM Managing Broker

BO BARRON, CCIM Managing [email protected] (P) 270.926.1101 x170 (C) 270.313.2444

[email protected] (P) 270.926.1101 x140 (C) 270.993.8177

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price,rental or otther conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax andlegal advisors should conduct your own investigation of the property and transaction

›TOWER PLACE | 20,830 SF | OWENSBORO, KY

N/AFor Sale |

Additional Photos

3211 Frederica Street | Owensboro, KY 42301

Page 3: 3211 Frederica Street | Owensboro, KY 42301 For Sale | N/A...B.A. Organizational Communication - Murray State University A.A Arabic Language - Defense Language Institute at the Presidio

WILLIAM G. BARRON, CCIM Managing Broker

BO BARRON, CCIM Managing [email protected] (P) 270.926.1101 x170 (C) 270.313.2444

[email protected] (P) 270.926.1101 x140 (C) 270.993.8177

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price,rental or otther conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax andlegal advisors should conduct your own investigation of the property and transaction

LEASE TYPE | NNN TOTAL SPACE | 1,540 SF LEASE TERM | 60 months LEASE RATE | $16.00 SF/yr

SUITE TENANT SIZE (SF) LEASE TYPE LEASE RATE DESCRIPTION

Suite R Available 1,540 SF NNN $16.00 SF/yr This space is beautifully set up for a professional office. It has a reception area and a large glass enclosed executive's office. Followed down the hall is a glass enclosed conference room followed by 4 other private offices. This space is perfect for the small business that thrives in a high traffic and highly visible location.

›TOWER PLACE | 20,830 SF | OWENSBORO, KY

N/AFor Sale |

Available Spaces

3211 Frederica Street | Owensboro, KY 42301

Page 4: 3211 Frederica Street | Owensboro, KY 42301 For Sale | N/A...B.A. Organizational Communication - Murray State University A.A Arabic Language - Defense Language Institute at the Presidio

WILLIAM G. BARRON, CCIM Managing Broker

BO BARRON, CCIM Managing [email protected] (P) 270.926.1101 x170 (C) 270.313.2444

[email protected] (P) 270.926.1101 x140 (C) 270.993.8177

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price,rental or otther conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax andlegal advisors should conduct your own investigation of the property and transaction

›TOWER PLACE | 20,830 SF | OWENSBORO, KY

N/AFor Sale |

Location Maps

3211 Frederica Street | Owensboro, KY 42301

Page 5: 3211 Frederica Street | Owensboro, KY 42301 For Sale | N/A...B.A. Organizational Communication - Murray State University A.A Arabic Language - Defense Language Institute at the Presidio

WILLIAM G. BARRON, CCIM Managing Broker

BO BARRON, CCIM Managing [email protected] (P) 270.926.1101 x170 (C) 270.313.2444

[email protected] (P) 270.926.1101 x140 (C) 270.993.8177

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price,rental or otther conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax andlegal advisors should conduct your own investigation of the property and transaction

POPULATION 1 MILE 3 MILES 5 MILES

Total population 11,870 51,555 73,024

Median age 40.2 40.4 39.7

Median age (Male) 35.5 36.8 36.5

Median age (Female) 45.5 43.3 42.3

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 5,277 22,444 30,815

# of persons per HH 2.2 2.3 2.4

Average HH income $51,070 $48,688 $49,323

Average house value $120,210 $102,548 $117,226

* Demographic data derived from 2010 US Census

›TOWER PLACE | 20,830 SF | OWENSBORO, KY

N/AFor Sale |

Demographics Map & Report

3211 Frederica Street | Owensboro, KY 42301

Page 6: 3211 Frederica Street | Owensboro, KY 42301 For Sale | N/A...B.A. Organizational Communication - Murray State University A.A Arabic Language - Defense Language Institute at the Presidio

WILLIAM G. BARRON, CCIM Managing Broker

BO BARRON, CCIM Managing [email protected] (P) 270.926.1101 x170 (C) 270.313.2444

[email protected] (P) 270.926.1101 x140 (C) 270.993.8177

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price,rental or otther conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax andlegal advisors should conduct your own investigation of the property and transaction

KY #23188 // IN #IB29300035

WILLIAM G. BARRON, CCIM

Managing Broker

[email protected]: 270.926.1101 x140 | Cell: 270.993.8177

PROFESSIONAL BACKGROUNDWilliam G. Barron, CCIM

Personal

Mr. Barron is a native of Owensboro, Kentucky and a graduate of Owensboro High School and the University of Kentucky. He has been married to the former Jo Rogers since June 23, 1973. They havesix children, 4 sons and 2 daughters, and 7 grandchildren.

Current Credentials

Chairman, William G. Barron Enterprises, Inc. (Broker - Commercial Developer, Property Manager)

Chairman, A Barron Rent-A-Space (self-storage: 3 locations)

Board Member, MainSource Financial Group, Greensburg,IN(MSFG on the NASDAQ Stock Exchange)

Chairman, Owensboro Family YMCA Endowment Fund

CCIM, Certified Commercial Investment Member Designee

Work History

2007-2010 CEO for Sperry Van Ness - The Barron Group2006-Present CEO for Go Minis Portable Storage (3 locations)1994-Present CEO for Wm G. Barron Enterprises, Inc. (Commercial R.E. Brokerage & Development)1983-Present Board Member for MainSource Bank, Greensburg, IN (MSFG on NASDAQ)1981-1994 CEO for Barron Homes, Inc.1979-Present CEO for A Barron Rent-A-Space (3 locations)1974-1981 Vice President, Barron Homes, Inc.1973-1980 Lieutenant, Unites States Army Reserve1972-1974 Salesman for New Homes, Inc.1966-1972 Laborer for New Homes, Inc. (summer & vacations)1962-1966 Paperboy for Louisville Courier Journal

EDUCATION1972 University of Kentucky

MEMBERSHIPS2011-2012 President of Owensboro Noon Rotary Club2008-2012 Board Member of Community Foundation of Owensboro Daviess County2005 Harvard Business School-Executive Education - Compensation Committee2004 Chicago School of Business “The Director’s Consortium”2002-2003 Recipient of the Milton F. Boulware Memorial Award2002 Stanford Law School Executive Education “Director’s College”2001 Guest Writer for BANK DIRECTOR (Vol. 2, No. 2, 2nd Qtr 2001) pg. 561997 YMCA of the USA - Book of Honor Award1997 Awarded the Certified Commercial Investment Member (CCIM) designation by the Commercial Investment Real EstateInstitute (CIREI)1994-1995 Chairman of Owensboro Family YMCA Board1992-2000 Elder - Owensboro Christian Church1992 Member of the Year - Owensboro Chamber of Commerce1990-1993 Chairman – Owensboro Chamber - Government Affairs Steering Committeed1987 Chairman of Owensboro YMCA Roundtable – Lifetime Member1986 Charter Member of Board of Directors – Riverpark Center, Inc.1986 Graduate of Leadership Kentucky1986 Small Business Entrepreneur of the Year - Owensboro Chamber of Commerce1982 Graduate of Leadership Owensboro – Charter Class1981-1982 Board of Directors of Owensboro Rotary Club1976 President Owensboro Homebuilders Association

BARRONM COMMERCIAL GROUP3211 Frederica St. Suite D

Owensboro, KY 42301270.926.1101

›TOWER PLACE | 20,830 SF | OWENSBORO, KY

N/AFor Sale |

Advisor Bio 1

3211 Frederica Street | Owensboro, KY 42301

Page 7: 3211 Frederica Street | Owensboro, KY 42301 For Sale | N/A...B.A. Organizational Communication - Murray State University A.A Arabic Language - Defense Language Institute at the Presidio

WILLIAM G. BARRON, CCIM Managing Broker

BO BARRON, CCIM Managing [email protected] (P) 270.926.1101 x170 (C) 270.313.2444

[email protected] (P) 270.926.1101 x140 (C) 270.993.8177

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price,rental or otther conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax andlegal advisors should conduct your own investigation of the property and transaction

BO BARRON, CCIM

Managing Director

[email protected]: 270.926.1101 x170 | Cell: 270.313.2444

PROFESSIONAL BACKGROUNDCommercial Real Estate owners, investors, and users make a change only when they have a problem or see an opportunity. That'sit. Many of them wait too long or hesitate because the process tends to be long and complicated.

Barron Commercial Group exists to guide our clients through this process with confidence and clarity.

Working with us is simple. First, we get a clear picture of what you are trying to accomplish. Second, we create a plan to proactivelygo to the market. Third, we get to work and make it happen keeping you informed along the way.

After 5 years of honorable service in the Marine Corps, Bo Barron, CCIM has spent the last 15+ years in CRE brokerage as a broker,owner, investor and corporate executive with a national CRE firm. Bo is now the Managing Director of the Barron CommercialGroup (www.wgbarron.com) guiding Commercial Real Estate clients in making the complex clear so they can achieve their goals.

Bo is a native of Owensboro, KY where he met his wife of 18 years. They have 3 children.

EDUCATIONB.A. Organizational Communication - Murray State UniversityA.A Arabic Language - Defense Language Institute at the Presidio of Monterrey, California

BARRONM COMMERCIAL GROUP3211 Frederica St. Suite D

Owensboro, KY 42301270.926.1101

›TOWER PLACE | 20,830 SF | OWENSBORO, KY

N/AFor Sale |

Advisor Bio 2

3211 Frederica Street | Owensboro, KY 42301