Michaels, Bowling Green, KY
2313 Gary Farms Boulevard
Bowling Green, KY 42104
PROPERTY SOLD
Property: Investment Sales
Price: $3,110,000
Cap Rate: Call
Description:
- Located along I-65 in the commercial hub for the south central KY region
- Primary trade area population of approx. 250,000 spanning 10 counties
- Adjacent to Kohl’s and several other national retailers and restaurants
- 18,391 square foot retail store on 0.85 acres with 90 parking spaces
- Michaels is on a 10 year net lease that commenced in September 2012
- All cash transaction closed escrow in November 2012 for $3.11 million
- The buyer was a private REIT and national investment company out of AZ


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Contact
Tyson Glasser, CCIM
Director of Capital Markets & Dispositions
864.263.5427 - Main
404.435.6312 - Mobile