Log In/Sign Up
Your email has been sent.
2831 Lone Oak Rd
Paducah, KY 42003
Office Property For Sale


Executive Summary
Zeustra, LLC (“Zeustra”) is pleased to present the exclusive opportunity to acquire 2831 Lone Oak Road, Paducah, Kentucky—a purpose-built ±21,236 SF ambulatory surgery center (“ASC”). The offering is structured with a new 15-year NNN lease featuring 2.5% annual escalations.
The practice has demonstrated continued financial momentum, growing revenue, and operates at an approximate 29% margin. This level of profitability is well above the typical range for independent ASCs and is more consistent with the performance profile of larger corporate ASC platforms. The property’s ASC designation benefits from Kentucky’s Certificate of Need (CON) regulatory framework, which restricts new ASC development and creates meaningful barriers to entry. This regulatory advantage is further reinforced by the tenants long-standing operating history at the site, dating back to 1992.
The center includes six operating rooms and one treatment room and performs a range of highly specialized procedures including interventional pain treatments, intrathecal pump placements, and spinal cord stimulator procedures. These procedures represent one of the fastest growing segments within outpatient medicine. All procedures performed by Pain Management Centers of America (“PMCOA”) physicians in the Paducah market are conducted at this facility, while the ASC structure also allows additional surgeons to utilize the center.
The asset has also benefited from meaningful capital investment. In 2016, the tenant invested approximately $1,600,000 into a comprehensive facility renovation, which included a full building refurbishment, a new waiting room, the addition of three operating rooms, and 12 patient rooms.
The practice has demonstrated continued financial momentum, growing revenue, and operates at an approximate 29% margin. This level of profitability is well above the typical range for independent ASCs and is more consistent with the performance profile of larger corporate ASC platforms. The property’s ASC designation benefits from Kentucky’s Certificate of Need (CON) regulatory framework, which restricts new ASC development and creates meaningful barriers to entry. This regulatory advantage is further reinforced by the tenants long-standing operating history at the site, dating back to 1992.
The center includes six operating rooms and one treatment room and performs a range of highly specialized procedures including interventional pain treatments, intrathecal pump placements, and spinal cord stimulator procedures. These procedures represent one of the fastest growing segments within outpatient medicine. All procedures performed by Pain Management Centers of America (“PMCOA”) physicians in the Paducah market are conducted at this facility, while the ASC structure also allows additional surgeons to utilize the center.
The asset has also benefited from meaningful capital investment. In 2016, the tenant invested approximately $1,600,000 into a comprehensive facility renovation, which included a full building refurbishment, a new waiting room, the addition of three operating rooms, and 12 patient rooms.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
21,236 SF
Building Class
B
Year Built/Renovated
1992/2005
Price
$8,493,333
Price Per SF
$399.95
Cap Rate
7.50%
NOI
$637,000
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
10,618 SF
Building FAR
0.44
Lot Size
1.11 AC
Parking
46 Spaces (2.17 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 097-11-00-005.02 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,505,600 |
Property Taxes
Parcel Number
097-11-00-005.02
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,505,600
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
