206 Claire Ave — Oak Grove, KY

Property Overview

9,516

Total GLA (SF)

2,104

Available Suite (SF)

2017

Year Built

0.94

Acres

22,800+

VPD Ft. Campbell Blvd

30

Parking Spaces

225'

Road Frontage

22.1%

Pro-Rata Share

Lease Terms

$19.00

Per SF • NNN

$39,976

Annual Base Rent

$3,331

Monthly Base Rent

Estimated All-In Monthly Cost

$3,331

Base Rent

+ $312

NNN Expenses

$3,643

Total Monthly

NNN Expense Breakdown

Expense	Annual (Bldg)	Pro-Rata (22.1%)	Per SF	Monthly
Property Taxes	$10,930	$2,415	$1.15	$201
Insurance + Other	$6,000	$1,326	$0.63	$111
Total NNN	$16,930	$3,741	$1.78	$312

Pro-rata share: 2,104 SF of 9,516 SF (22.1%). Tax figure based on 2025 Christian County assessment. Insurance and other operating expenses confirmed at $6,000/yr.

Market Positioning

Submarket Avg (Christian Co. 2–4 Star Retail) $16.68/SF

Market Overall Average $18.78/SF

206 Claire Ave — Asking Rate $19.00/SF

CoStar Estimated Rent Range (High) $24.00/SF

At $19.00/SF NNN, this suite is priced competitively within the CoStar estimated rent range of $20–$24/SF for the property, and aligns closely with the broader market average. Class A construction (2017), high-visibility frontage on Fort Campbell Blvd, and strong traffic counts support the value at this rate.

Market Context

Property Vacancy 0%

Submarket Vacancy 4.2%

Market Vacancy 3.5%

Market Sale Price/SF $129

Market Cap Rate 9.4%

Ft. Campbell Blvd VPD 22,832

Trade Area Demographics

32,625

3-Mile Population

9,554

3-Mile Households

$51,695

Median HH Income (3 mi)

+6.82%

Population Growth '24–'29

+7.46%

Household Growth '24–'29