Cleeman Realty Group is pleased to have arranged the sale of Audubon Plaza in Owensboro, Kentucky. The 62,924 SF center was 89% occupied at closing. The property is anchored by national retailers Ollie’s Bargain Outlet and Rent-A-Center. The sale also included two outpads in front of the center. The property located along W. Parrish Avenue benefits from high car volume of 15,000+ per day in front of the property.
Michael Cleeman and Jeremy Scheer of Cleeman Realty Group represented the seller in the transaction.
“There is continued strong demand in the market for discount anchored retail centers that will protect an investor during a downturn” said Cleeman.
Cleeman Realty Group is a full-service real estate advisory and investment group, specializing in the investment sales of retail, multifamily and industrial properties throughout the United States. The Cleeman team utilizes deeply rooted industry contacts to identify and evaluate off-market transactions with unparalleled efficiency. To sell your property or to inquire about our available acquisition opportunities, please contact one of our team members at www.cleeman.com