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2613 Fort Campbell Blvd
Hopkinsville, KY 42240
Asking Price
$8.60M
Asset Type
Shopping Center Retail
Class
Class B
What's Special
Very attractive asset on a primary corridor with strong WALT and upside. <p><strong>Credit Lineup with WALT</strong></p><p>Park Plaza is anchored by several national credit</p><p>tenants including Ollie’s Bargain Outlet, Planet Fitness</p><p>(43-unit franchisee), Dollar General, and Citi Trends.</p><p>These prominent tenants occupy approximately 75%</p><p>of the center’s total GLA and enhance the durability of</p><p>the center’s operating revenue. Together, these four</p><p>anchor tenants carry a weighted average lease term</p><p>(WALT) of 6.93 years, providing long-
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NOI
$80,000
Cap Rate
0.93%
DSCR
0.16
Underwater
Cash-on-Cash
-16.69%
Monthly Payment
$42,548.108
Annual Cash Flow
$-430,577.292
