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Property 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.

Overview

Property Status
Sold
Date Sold
June 5, 2024
MLS ID
124364
Property Type
Commercial

Features & Amenities

Total Area
7,535 Sq.Ft.
Stories
1
Sales Price
$1,550,000

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3916 Hinkleville Rd

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3916 Hinkleville Rd
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