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Towne Square Center 5000 Frederica St 4,325 - 290,203 SF of Space Available in Owensboro, KY 42301
HIGHLIGHTS
- High Traffic Retail Trade Area
- New Front Loaded Retail
- Major Facade Ugrade
- Retail, Hospitality, Entertainment, Restaurant Options
SPACE AVAILABILITY (11)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 122,136 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 80,397 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste Center | 4,325 SF | Negotiable | $6.00 /SF/YR $0.50 /SF/MO $64.58 /m²/YR $5.38 /m²/MO $2,163 /MO $25,950 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste F1 | 5,000 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $107.64 /m²/YR $8.97 /m²/MO $4,167 /MO $50,000 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste F2 | 4,325 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $107.64 /m²/YR $8.97 /m²/MO $3,604 /MO $43,250 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste F3 | 5,260 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $107.64 /m²/YR $8.97 /m²/MO $4,383 /MO $52,600 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste F4 | 6,980 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $107.64 /m²/YR $8.97 /m²/MO $5,817 /MO $69,800 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste F5 | 4,910 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $107.64 /m²/YR $8.97 /m²/MO $4,092 /MO $49,100 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste F6 | 6,870 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $107.64 /m²/YR $8.97 /m²/MO $5,725 /MO $68,700 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste M1 | 25,000 SF | Negotiable | $7.00 /SF/YR $0.58 /SF/MO $75.35 /m²/YR $6.28 /m²/MO $14,583 /MO $175,000 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste S1 | 25,000 SF | Negotiable | $7.00 /SF/YR $0.58 /SF/MO $75.35 /m²/YR $6.28 /m²/MO $14,583 /MO $175,000 /YR | Triple Net (NNN) |
5000 Frederica St - 1st Floor
Sprinkler System, 16' High Ceilings, Security Patrol & Main Entrance Gate is locked at the end of each day,
- 1 Drive Bay
- 4 Loading Docks
- Central Air and Heating
- Private Restrooms
- Security System
5000 Frederica St - 1st Floor
21' Ceilings Daily Security Patrol Fire Sprinkle System Climate Control Fenced in areas which could be used for outside storage.
- 2 Drive Ins
- 2 Loading Docks
- Central Air and Heating
- Secure Storage
- Emergency Lighting
5000 Frederica St - 1st Floor - Ste Center
Large shell space in redeveloped former mall. Lot's of flexibility on use and configuration. Ideal for family entertainment, storage, warehouse, medical or other.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 87,670 SF of adjacent space
- Flexible Space
5000 Frederica St - 1st Floor - Ste F1
Front loading retail in redeveloped Power Center
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 87,670 SF of adjacent space
- Great Visibility
- Ample Parking
5000 Frederica St - 1st Floor - Ste F2
Front loading retail in redeveloped Power Center
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 87,670 SF of adjacent space
- Great Visibility
- Ample Parking
5000 Frederica St - 1st Floor - Ste F3
Front loading retail in redeveloped Power Center
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 87,670 SF of adjacent space
- Great Visibility
- Ample Parking
5000 Frederica St - 1st Floor - Ste F4
Front loading retail in redeveloped Power Center
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 87,670 SF of adjacent space
- Great Visibility
- Ample Parking
5000 Frederica St - 1st Floor - Ste F5
Front loading retail in redeveloped Power Center
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 87,670 SF of adjacent space
- Great Visibility
- Ample Parking
5000 Frederica St - 1st Floor - Ste F6
Front loading retail in redeveloped Power Center
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 87,670 SF of adjacent space
- Great Visibility
- Ample Parking
5000 Frederica St - 1st Floor - Ste M1
Former Macy's box in shell condition. Anchor space in former Towne Square Mall being redeveloped as a mixed us power center. Space is ideal for retail, medical, entertainment or warehouse.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Can be combined with additional space(s) for up to 87,670 SF of adjacent space
- Flexible Space
- Loading Docks
- Ample Parking
- High Ceiling Heights
5000 Frederica St - 1st Floor - Ste S1
Former Sears box in shell condition. Anchor space in former Towne Square Mall being redeveloped as a mixed us power center. Space is ideal for retail, medical, entertainment or warehouse.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Can be combined with additional space(s) for up to 87,670 SF of adjacent space
- Flexible Space
- Loading Docks
- Ample Parking
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT TOWNE SQUARE CENTER
- Planet Fitness
PROPERTY FACTS
| Total Space Available | 290,203 SF | Center Properties | 3 |
| Max. Contiguous | 87,670 SF | Frontage | Frederica St |
| Center Type | Regional Mall | Gross Leasable Area | 367,560 SF |
| Parking | 2,466 Spaces | Total Land Area | 36.57 AC |
| Stores | 60 | Year Built | 1978 |
| Total Space Available | 290,203 SF |
| Max. Contiguous | 87,670 SF |
| Center Type | Regional Mall |
| Parking | 2,466 Spaces |
| Stores | 60 |
| Center Properties | 3 |
| Frontage | Frederica St |
| Gross Leasable Area | 367,560 SF |
| Total Land Area | 36.57 AC |
| Year Built | 1978 |
ABOUT THE PROPERTY
Towne Square Center was formerly Owensboro's only enclosed mall. Located on a long established high traffic retail corridor, the property offers unique leasing opportunities for national and local users. The Mall is currently undergoing a large redevelopment that will bring new entertainment, sports, medical and experienced focused retail to the property.
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Frederica Street | Frederica St, N | 6,439 | 2025 | 0.24 mi |
| Southtown Blvd | Goetz Dr, W | 11,540 | 2025 | 0.28 mi |
| Frederica St | Mlk Jr Loop, S | 9,086 | 2025 | 0.31 mi |
| KY 2121 | Goetz Dr, E | 6,795 | 2025 | 0.39 mi |
| Southtown Boulevard | - | 9,702 | 2024 | 0.39 mi |
| US 431 | Frederica St, S | 23,909 | 2024 | 0.41 mi |
| Frederica Street | Frederica St, S | 23,864 | 2018 | 0.41 mi |
| Southtown Blvd | Fulton Dr, W | 7,388 | 2023 | 0.46 mi |
| Southtown Boulevard | Fulton Dr, W | 7,445 | 2025 | 0.46 mi |
| Frederica St | Goetz Dr, SW | 27,531 | 2025 | 0.48 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
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