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: 7/19/2018

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
The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.