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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

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