101 Nebo Rd - Storefront Retail/Office FOR SALE


Madisonville, KY 42431
$784,675 USD
217-549-6773
101 Nebo Rd, Madisonville, KY for Sale
$784,675 USD
Storefront Retail/Office - FOR SALE
1/6
null | 8% Cap Rate

101 Nebo Rd
Madisonville, KY 42431


HIGHLIGHTS

  • Stabilized retail strip center fully occupied, producing strong cash flow.
  • Priced at $784,675 with a 8.00% cap rate.
  • Prime location near Lowe’s and Walmart, with traffic counts exceeding 25,000 VPD.

OVERVIEW

101 Nebo Rd is a 5,562 SF fully leased multi-tenant retail center in Madisonville, KY, featuring 8 units and 100% occupancy. Positioned along a high-visibility corridor near national retailers like Lowe’s, Walmart, and Walgreens, the property is offered at $784,675 with a 8.00% cap rate based on in-place income. The asset provides consistent cash flow with limited landlord responsibilities and upside through scheduled rent increases. Surrounded by strong nearby employment and traffic counts exceeding 25,000 VPD, 101 Nebo Rd is a stable, income-producing retail investment opportunity.

FOR SALE DETAILS

PRICE

$784,675 USD

PRICE/SF

$137 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

General Industrial

APN/PARCEL ID

M-31-2-1C

ASK ABOUT THIS PROPERTY

Andrew PhippsMarcus & MillichapMore Info
217-549-6773

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Andrew PhippsMarcus & MillichapMore Info
217-549-6773

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