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Ziebart NNN Lease 3525 Park Ave 7,500 SF Industrial Building Paducah, KY 42001 $1,482,422 ($197.66/SF) 6.40% Cap Rate
Investment Highlights
- New 10-Year Lease providing investors with long-term income security through April 2035
- Tenant has personally guaranteed the full term of the lease
- Passive NNN Lease Structure
- Ideal opportunity for 1031 exchange and passive investors seeking stable cash flow
Executive Summary
New 10-Year Single-Tenant NNN Lease Opportunity
Property Facts
| Price | $1,482,422 | Rentable Building Area | 7,500 SF |
| Price Per SF | $197.66 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2006 |
| Cap Rate | 6.40% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.67/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 20’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 6 |
| Lot Size | 2.50 AC | ||
| Zoning | Commercial - Commercial | ||
| Price | $1,482,422 |
| Price Per SF | $197.66 |
| Sale Type | Investment |
| Cap Rate | 6.40% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.50 AC |
| Rentable Building Area | 7,500 SF |
| No. Stories | 1 |
| Year Built | 2006 |
| Tenancy | Single |
| Parking Ratio | 2.67/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | Commercial - Commercial |
Amenities
- Fenced Lot
- Mezzanine
- Security System
- Signage
- Wheelchair Accessible
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Electric
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Property Taxes
| Parcel Number | 095-10-00-002.04 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $850,000 |
Property Taxes
Parcel Number
095-10-00-002.04
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$850,000
Contacts
-
Hunter Myers -
John Markley -
Matt Stone, CCIM, SIOR, MBA -
SVN | Second Story Real Estate Management
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Ziebart NNN Lease | 3525 Park Ave
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