NNN Leased Asset

Retail-Commercial for Sale
Catylist Listing ID: 30002445
Property Subtypes: Restaurant
Building Size (RSF): 3,765 SF
Gross Building Area: See Agent
Gross Land Area: 44,400 SF
Sale Price: $2,520,000
Unit Price: $669.32 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Average Occupancy Rate: 100
Last Updated: 9/12/2017

Overview / Comments

Stable and long term income producing property. Tenant is six (6) years into a twenty (20) year NNN lease. Annual Net Operating Income is $151,200. Tenant is experienced and creditworthy franchisee with 145 sites. Contact listing agent for additional details.

Additional Details

Nearest MSA: Paducah
County: McCracken
Tax ID/APN: 086-20-00-005.01
Zoning: C
Retail Clientele: General
Property Visibility: Excellent
Highway Access: Hwy 60
Tenancy: Single Tenant
Total Parking Spaces: 30

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,557 19,447 41,856
Median Age: 48.01 43 41.74
Households: 859 8,836 18,664
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