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Princeton KY Retail Center: Marshalls, Tractor Supply Co. & Ruler Foods Anchored
500 US-62, Princeton, KY 42445
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Overview
We are pleased to present this ±72,013 square foot retail center, anchored by national tenants Marshalls, Tractor Supply, and Ruler Foods (The Kroger Co), situated on ±9.907-acres. Each tenant operates under a modified gross lease with staggered expirations in 2027, 2031, and 2034, providing stable income and long-term upside. Priced at $4,850,000 with an 8.06% cap rate, the property generates over $390,000 in annual net operating income, offering investors a strong, cash-flowing asset with minimal management responsibilities.
Detailed financial brochure available upon request. Contact Broker or visit property website to receive a CA.
- 100% Leased to National Credit Tenants
- Early 5-Year Lease Renewal for Ruler Foods
- New 10-Year Lease with Marshalls in 2024
- Positioned on US 62, Princeton’s main retail artery
- Nearby national retailers like Walmart, McDonald’s, CVS, and AutoZone
- Less than 2 miles from downtown Princeton and Caldwell Medical Center
- Convenient access to Interstate 69
- Draws from a wide trade area across Caldwell and neighboring counties
- High visibility and easy ingress/egress with multiple access points
Attachments
Links
For Sale
Retail
Secondary Uses: Strip Center
- Sale Price
- $4,850,000
- Price Per SF
- $67.3/SF
- Building Size
- 72,013 SF
- Acres
- 9.907 ac
- Zoning
- Retail
- Tenant
- Marshalls, Tractor Supply Co. & Ruler Foods
- Building Name
- Princeton Plaza
- Number of Buildings
- 1
- Tenancy
- Multiple Tenants
- Average Occupancy Rate
- 100%
- Nearest Interstate
- I-69
- County
- Caldwell
- Created
- 01/02/2026
- Updated
- 01/06/2026
- Listing ID
- 03a976ce
- Parcel APN
- 38-9S 1
















