Cleeman Realty Group completes sale of Audubon Plaza in Owensboro, KY

Owensboro, KY Cleeman Realty Group has arranged the sale of Audubon Plaza. The 62,924 s/f center was 89% occupied at closing. The property is anchored by national retailers Ollie’s Bargain Outlet and Rent-A-Center. The sale also included two outpads in front of the center. The property located along W. Parrish Ave. benefits from high car volume of 15,000+ per day in front of the  property.

Michael Cleeman and Jeremy Scheer of Cleeman Realty Group represented the seller in the transaction.

“There is continued strong demand in the market for discount anchored retail centers that will protect an investor during a downturn” said Cleeman.