Back

1 of 16

2 of 16

3 of 16

4 of 16

5 of 16

6 of 16

7 of 16

8 of 16

9 of 16

10 of 16

11 of 16

12 of 16

13 of 16

14 of 16

15 of 16

16 of 16

5000 Frederica St
Owensboro, KY 42301

Rate Upon Request

Unknown For Lease • 875+ SF

Property Details

Property Type Unknown
Year Built 1978
Total Building Size 367,560 SF

40 Walk Score

16 Spaces Available

Name	Space Use	Size	Rent
1st Floor Ste F1	Flex	119,000 SF	Rate Upon Request
Former Sears anchor box totaling approximately 119,000 SF, offering large open floor plates suitable for entertainment, recreation, retail, fitness, showroom, or specialty users. Positioned within the redeveloping Towne Square Center, alongside Planet Fitness and the upcoming Maui’s Indoor Theme Park, creating a unique opportunity for large-format users to benefit from increasing consumer traffic and renewed activity at the property. Date available: Now Lease term: 1 - 20 Years Service type: To Be Determined Space Type: Relet
1st Floor Ste F2	Flex	81,716 SF	Rate Upon Request
Former Macy’s anchor space totaling approximately 81,716 SF available within the repositioned Towne Square Center. The space offers a large, flexible layout suitable for entertainment, recreation, fitness, retail, showroom, or specialty users seeking significant square footage in a high-visibility retail corridor. Located within the redevelopment alongside Planet Fitness and the upcoming Maui’s Indoor Theme Park, positioning the space to benefit from increasing consumer traffic as the center transitions into a regional entertainment and retail destination. Date available: Now Lease term: 1 - 20 Years Service type: To Be Determined Space Type: Relet
1st Floor Ste F3	Flex	62,130 SF	Rate Upon Request
Former JCPenney anchor space totaling approximately 62,130 SF available within the redeveloping Towne Square Center. The space provides a large-format layout well suited for entertainment, recreation, fitness, retail, showroom, or specialty users seeking significant square footage in a high-visibility retail corridor. Positioned within the center alongside Planet Fitness and the upcoming Maui’s Indoor Theme Park, offering an opportunity to benefit from increasing consumer traffic as the property transitions into a regional entertainment and retail destination. Date available: Now Lease term: 1 - 20 Years Service type: To Be Determined Space Type: Relet
1st Floor Ste R1	Retail	12,316 SF	Rate Upon Request
Retail suite totaling approximately 12,316 SF located within the newly repositioned Towne Square Center. The space offers strong visibility and access within the center’s primary retail frontage corridor and is positioned near the upcoming Maui’s Indoor Theme Park and existing Planet Fitness, two major traffic drivers for the property. The suite is suitable for retail, restaurant, service, entertainment, or specialty users seeking space within a redeveloping retail and entertainment destination. Date available: Jun 2026 Lease term: 1 - 20 Years Service type: To Be Determined Built out as: Standard Retail Space Type: Relet
1st Floor Ste R10	Retail	2,350 SF	Rate Upon Request
Corner retail suite totaling approximately 2,350 SF located within Towne Square Center, the repositioned redevelopment of the former Towne Square Mall. This suite offers strong visibility and frontage (parking lot frontage) within the center’s primary retail corridor and benefits from proximity to Planet Fitness and the upcoming Maui’s Indoor Theme Park, two major traffic drivers for the property. The space is well suited for retail, restaurant, café, or service users seeking a prominent corner location within a revitalizing retail and entertainment destination. Date available: Jun 2026 Lease term: 1 - 20 Years Service type: To Be Determined Built out as: Standard Retail Space Type: Relet
1st Floor Ste R11	Retail	6,900 SF	Rate Upon Request
Retail suite totaling approximately 6,900 SF located within Towne Square Center, the repositioned redevelopment of the former Towne Square Mall. This space features approximately 38 feet of parking lot frontage, providing excellent visibility and signage opportunities along the center’s primary retail corridor. Positioned near Planet Fitness and the upcoming Maui’s Indoor Theme Park, the suite benefits from strong traffic drivers and increasing consumer activity as the property transitions into a regional retail and entertainment destination. Ideal for retail, restaurant, service, or specialty users seeking prominent frontage. Date available: Jun 2026 Lease term: 1 - 20 Years Service type: To Be Determined Built out as: Standard Retail Space Type: Relet
1st Floor Ste R12	Retail	5,375 SF	Rate Upon Request
Retail suite totaling approximately 5,375 SF located within Towne Square Center, the repositioned redevelopment of the former Towne Square Mall. The space features approximately 43 feet of parking lot frontage, providing strong visibility and signage opportunity along the center’s primary retail corridor. Positioned near Planet Fitness and the upcoming Maui’s Indoor Theme Park, the suite benefits from increasing consumer traffic as the center transitions into a regional retail and entertainment destination. Ideal for retail, restaurant, service, or specialty users. Date available: Jun 2026 Lease term: 1 - 20 Years Service type: To Be Determined Space Type: Relet
1st Floor Ste R13	Retail	4,590 SF	Rate Upon Request
Retail suite totaling approximately 4,590 SF located within Towne Square Center, the repositioned redevelopment of the former Towne Square Mall. This fully interior space is directly adjacent to Maui’s Indoor Theme Park, the new family entertainment concept from the creators of Malibu Jack’s, positioning the suite to benefit from strong interior foot traffic. The space is well suited for entertainment-related retail, food concepts, specialty retail, or service users seeking proximity to one of the center’s primary traffic drivers. Date available: Jun 2026 Lease term: 1 - 20 Years Service type: To Be Determined Built out as: Standard Retail Space Type: Relet
1st Floor Ste R2	Retail	5,500 SF	Rate Upon Request
Retail suite totaling approximately 5,500 SF located within the newly repositioned Towne Square Center. Positioned along the center’s primary retail frontage corridor (parking lot frontage), the space benefits from proximity to Planet Fitness and the upcoming Maui’s Indoor Theme Park, two major traffic drivers for the property. The suite is well suited for retail, restaurant, service, or specialty users seeking visibility within a redeveloping retail and entertainment destination. Date available: Jun 2026 Lease term: 1 - 20 Years Service type: To Be Determined Built out as: Standard Retail Space Type: Relet
1st Floor Ste R3	Retail	5,280 SF	Rate Upon Request
Retail suite totaling approximately 5,280 SF located within the newly repositioned Towne Square Center. Positioned along the center’s primary retail frontage corridor(parking lot frontage), the space benefits from proximity to Planet Fitness and the upcoming Maui’s Indoor Theme Park, two major traffic drivers expected to generate new consumer activity at the property. The suite is well suited for retail, restaurant, service, or specialty users seeking visibility within a redeveloping retail and entertainment destination. Date available: Jun 2026 Lease term: 1 - 20 Years Service type: To Be Determined Built out as: Standard Retail Space Type: Relet
1st Floor Ste R4	Retail	5,720 SF	Rate Upon Request
Retail suite totaling approximately 5,720 SF located within the newly repositioned Towne Square Center. Positioned along the center’s primary retail frontage corridor(parking lot frontage), the space benefits from proximity to Planet Fitness and the upcoming Maui’s Indoor Theme Park, two major traffic drivers expected to generate new consumer activity at the property. The suite is well suited for retail, restaurant, service, or specialty users seeking visibility within a redeveloping retail and entertainment destination. Date available: Jun 2026 Lease term: 1 - 20 Years Service type: To Be Determined Built out as: Standard Retail Space Type: Relet
1st Floor Ste R5	Retail	1,190 SF	Rate Upon Request
Retail suite totaling approximately 1,190 SF located within Towne Square Center, the repositioned redevelopment of the former Towne Square Mall. The space is ideal for boutique retail, service, or specialty users seeking smaller-format space within a revitalizing retail and entertainment destination. Positioned near Planet Fitness and the upcoming Maui’s Indoor Theme Park, the suite benefits from increasing consumer traffic and renewed activity throughout the center. Date available: Jun 2026 Lease term: 1 - 20 Years Service type: To Be Determined Built out as: Standard Retail Space Type: Relet
1st Floor Ste R6	Retail	1,264 SF	Rate Upon Request
Retail suite totaling approximately 1,264 SF located within Towne Square Center, the repositioned redevelopment of the former Towne Square Mall. The space is well suited for boutique retail, service, or specialty users seeking smaller-format space within a revitalizing retail and entertainment destination. Positioned near Planet Fitness and the upcoming Maui’s Indoor Theme Park, the suite benefits from increasing consumer traffic and renewed activity throughout the center. Date available: Jun 2026 Lease term: 1 - 20 Years Service type: To Be Determined Built out as: Standard Retail Space Type: Relet
1st Floor Ste R7	Retail	875 SF	Rate Upon Request
Retail suite totaling approximately 875 SF located within Towne Square Center, the repositioned redevelopment of the former Towne Square Mall. This smaller-format space is well suited for boutique retail, specialty retail, or service users seeking an efficient footprint within a revitalizing retail and entertainment destination. Positioned near Planet Fitness and the upcoming Maui’s Indoor Theme Park, the suite benefits from increasing consumer traffic and renewed activity throughout the center. Date available: Jun 2026 Lease term: 1 - 20 Years Service type: To Be Determined Built out as: Standard Retail Space Type: Relet
1st Floor Ste R8	Retail	875 SF	Rate Upon Request
Retail suite totaling approximately 875 SF located within Towne Square Center, the repositioned redevelopment of the former Towne Square Mall. This smaller-format space is well suited for boutique retail, specialty retail, or service users seeking an efficient footprint within a revitalizing retail and entertainment destination. Positioned near Planet Fitness and the upcoming Maui’s Indoor Theme Park, the suite benefits from increasing consumer traffic and renewed activity throughout the center. Date available: Jun 2026 Lease term: 1 - 20 Years Service type: To Be Determined Built out as: Standard Retail Space Type: Relet
1st Floor Ste R9	Retail	875 SF	Rate Upon Request
Retail suite totaling approximately 875 SF located within Towne Square Center, the repositioned redevelopment of the former Towne Square Mall. This smaller-format space is well suited for boutique retail, specialty retail, or service users seeking an efficient footprint within a revitalizing retail and entertainment destination. Positioned near Planet Fitness and the upcoming Maui’s Indoor Theme Park, the suite benefits from increasing consumer traffic and renewed activity throughout the center. Date available: Jun 2026 Lease term: 1 - 20 Years Service type: To Be Determined Built out as: Standard Retail Space Type: Relet

Description

Towne Square Center is the repositioning of the former Towne Square Mall into a regional retail, entertainment, and flex-use destination in Owensboro’s primary retail corridor along Frederica Street. The center is anchored by Planet Fitness and the upcoming Maui’s Indoor Theme Park, a new family entertainment concept from the creators of Malibu Jack’s, expected to generate strong consumer traffic and renewed activity throughout the property.

Ownership is actively redeveloping the center to accommodate a mix of retail, restaurant, entertainment, service, and specialty users. Current availability includes approximately 51,000 square feet of retail frontage suites ranging from 875 SF to 6,900 SF, as well as three large-format anchor opportunities totaling more than 260,000 square feet, including the former Sears, Macy’s, and JCPenney spaces.

Towne Square Center presents a unique opportunity for tenants to join the transformation of one of Owensboro’s most recognizable retail properties as it evolves into a regional entertainment and retail destination.

                
                    Highlights
                
                                Maui’s Indoor Theme Park opening soon (concept from creators of Malibu Jack’s)
                            
                                Anchored by Planet Fitness
                            
                                Flexible layouts for retail & entertainment
                            
                                ±51,000 SF retail frontage available
                            
                                Repositioning of former Towne Square Mall
                            
                                ±260,000 SF large-format flex space

Property Flyers

Towne Square Center_brochure_3_12_26

Major Tenants

Tenant	SF Occupied	Lease End Date
Planet Fitness

Public Transportation

Airport	Drive	Walk	Distance
Evansville Regional	61 min	-	43.2 mi

Fahr Juneja 502-744-1465 Gulfstream Commercial Services LLC

5000 Frederica St Owensboro, KY 42301