Sold for
$1,550,000
3916 Hinkleville Road, Paducah, KY 42001
- 7,535
- sqft
- Commercial Sale
- Property type
- $206
- Price / sq ft
Listing Description
Ocharley's NNN on Hinkleville Rd in Paducah, KY Experience a strong investment at 3916 Hinkleville Rd in Paducah, KY with this NNN lease property. Featuring a recently renewed lease and impressive store sales, this is a prime opportunity in a fantastic location. This retail property offers a single tenant, absolute NNN lease with a corporate guarantee. With a lease expiration set for 01/01/2030 and a remaining term of 6.2 years, you can enjoy a stable income stream. The property spans 7,535 square feet and boasts a 100% occupancy rate, providing immediate returns on your investment. The current NOI for 2024 & 2025 is projected at $148,000, with a rent increase scheduled for 1/1/2026 to $158,360 for the remaining term.
Listed by HRE Advisors · dhawkins@hawkinsrea.net
MLS #W124364 · Listing provided by
Shelby & Drake JohnsonFive Pillars Team · eXp Realty
Home Details
- Property type
- Commercial Sale
- Price / sq ft
- $206 / sq ft
Interior
- 0 bathrooms
Property
- Commercial Sale
- 7,535 sq ft
Construction
- Not reported
Services Availability
- Internet
- Not reported
- Utilities
- Not reported
- Parking
- Not reported
Property & Price History
| Date | Event | Price |
|---|---|---|
| Jun 5, 2024 | Sold | $1,550,000 |
| Oct 30, 2023 | Listed for sale | $2,125,000 |
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Property Documents
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Shelby & Drake JohnsonFive Pillars Team · eXp Realty