NNN-Leased Kroger Shadow Center
For sale to qualified investors is the fee simple interest a single-tenant T&T Vendors Mall location in Owensboro, Kentucky. The tenant, T&T Vendors Mall, LLC, signed their current lease in 2020 with guaranteed base term through August 31, 2030. The lease features personal guarantees from both owners of the company and is hands-off for the investor. The tenant is responsible for the building interior maintenance and repairs along with parking lot cleaning, plowing and patching. After running various booths at vendor’s malls throughout Kentucky and Ohio for years, the owners created T&T Vendors Mall in 2020. Taking over a former Peddler’s Mall location in Owensboro, the company was able to retain most vendors while immediately adding their own network. Located adjacent to Kroger and in front of a regional-draw Rural King store, the location is able to draw shoppers from through all of Owensboro and beyond.