5165 Hinkleville Rd Unit 16-32A-2A, Paducah, KY 42001

Property Description

Investment opportunity on Hinkleville Rd. near Kentucky Oaks Mall! This property has been continuously leased to Purcell Tire Company of Kentucky, Inc. since its construction. Lease is NN, with the landlord responsible for the roof & foundation. Current lease runs through August 31, 2027. New roof installed in 2024, new HVAC 2020 & 2017. With 100' of frontage on Hinkleville Rd. (US Hwy 60) and lying less than 3/4 of a mile from I-24, this property presents an opportunity for potential lease renegotiation or redevelopment soon, while enjoying the security of a long-term, well-established tenant in the meantime. Property is offered at a 6.1% cap based on the current NN lease income. Leases available upon request. Priced to sell!