Sunbelt Rentals Paducah, KY

3525 Park Avenue
Paducah, KY

Price: $1,300,000
Cap Rate: 5.56%
NOI: $72,384
Building Size: Approx. 6,500 Sq. Ft.
Lot Size: Approx. 2.99 Acres
Type: Single-Tenant / Retail
Sub Category: Retailer
Year Built: 2006

Investment Overview

  • 2006 Construction. 6,500+/- SF Building on 2.99+/- Acre Site
  • Tenant Will Pay Off a $23.2K Rent Abatement Equally Over 4 Months Starting 5/1/21
  • Strategically Located Just Off of Interstate 24 (51K VPD)
  • In Dense Automotive and Retail Corridor Near GMC, Kroger, Dollar General
  • Located Less Than 2 Miles from Kentucky Oaks Mall (100+ Stores)
  • Sunbelt Rentals is the Second Largest Equipment Leasing Chain in the World
  • Strong Income Demos w/ $113,374 within a 1-Mile Radius
  • Paducah  |  Halfway Between St. Louis, MI & Nashville, TN  |  Population: 24K+