3916 Hinkleville Rd

$1,550,000

3916 Hinkleville Rd, Paducah, KY 42001

Sq.Ft.

7,535

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

Are you interested?

Schedule a Tour

or

Dustin Hawkins, MAI, CCIM

(270) 705-5355 [email protected]

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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