2620 Perkins Creek Dr - Medical FOR SALE


Paducah, KY 42001
$2,295,000 USD
270-558-1338
2620 Perkins Creek Dr, Paducah, KY for Sale
$2,295,000 USD
Medical - FOR SALE
1/10
null | 10.38% Cap Rate

2620 Perkins Creek Dr
Paducah, KY 42001


HIGHLIGHTS

  • Single Tenant Investment Property with AAA Credit Rating.
  • Ideal for Investors seeking a single tenant building with a high CAP rate.
  • Part of the highly sought after Strawberry Hill Area, in the commerce corridor of Paducah.
  • Located in an area with significant development in progress nearby, increasing property value.

OVERVIEW

Investment Opportunity. Ideal for an investor who is seeking a single credit tenant building with a triple net lease occupied by the United States Government, The Veterans Affairs (VA) – Outpatient Center is a Community-Based Outpatient Clinic, who has occupied the space since 2017. Located in the heart of significant development in progress nearby, increasing the property value. Part of the highly sought after Strawberry Hill Area. New lease extension has been signed through February 2028. Tenant Overview The Veterans Affairs (VA) Outpatient Center is a Community-Based Outpatient Clinic (CBOC) to make access to healthcare easier. Veterans Health Administration(VHA) utilizes CBOC across the country. These clinics provide the most common outpatient services, including health and wellness visits, without the hassle of visiting a larger medical center. VHA continues to expand the networks to include more rural locations, putting access to care closer to home.

FOR SALE DETAILS

PRICE

$2,295,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

10.38%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Leased - Department of Veteran Affairs

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

Commercial

APN/PARCEL ID

086-20-00-022.08

ASK ABOUT THIS PROPERTY

Dawn ArnoldArnold Realty GroupMore Info
270-558-1338

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Dawn ArnoldArnold Realty GroupMore Info
270-558-1338

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