207 Hospital Dr - Telecom Hotel/Data Hosting FOR SALE


Barbourville, KY 40906
$5,168,000 USD
949-270-8229
207 Hospital Dr, Barbourville, KY for Sale
$5,168,000 USD
Telecom Hotel/Data Hosting - FOR SALE
1/9
null | 8% Cap Rate

207 Hospital Dr
Barbourville, KY 40906


HIGHLIGHTS

  • Corporate Guaranteed | Options To Extend | Long Term Occupancy |Well-Known & Established Tenant
  • NNN | Fee Simple Ownership | Limited Landlord Responsibilities
  • Nearby National Tenants | US Hwy 25E (26,600 VPD) | Oversized Lot
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN, corporate guaranteed, freestanding, General Dynamics Information Technology investment property located in Barbourville, Kentucky. The tenant has occupied the site for 25 years and has 1-year remaining on its lease with 1 (6-month) and 1 (1-year) option to extend. The lease features a 5% rental increase at the beginning of the second option period and is NNN, with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. General Dynamics Information Technology is a global technology and professional services company that provides consulting and mission services to every major agency across the U.S. government, defense, and intelligence community. It’s parent company, General Dynamics (NYSE: GD), has a market cap of $76.68 billion.

FOR SALE DETAILS

PRICE

$5,168,000 USD

PRICE/SF

$152 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

General Dynamics | Corp NNN | Long Term

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

375

LAND DETAILS

LAND ACRES

4.75 AC

LAND SF

206,910 SF

ZONING

General Commercial

APN/PARCEL ID

090-40-04-044.01

ASK ABOUT THIS PROPERTY

Stephen SullivanSRS National Net LeaseMore Info
949-270-8229

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Stephen SullivanSRS National Net LeaseMore Info
949-270-8229

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.