150 McBride Ln - Freestanding FOR SALE


Paducah, KY 42001
$9,349,903 USD
281-633-6629
150 McBride Ln, Paducah, KY for Sale
$9,349,903 USD
Freestanding - FOR SALE
1/14
null | 7% Cap Rate

150 McBride Ln
Paducah, KY 42001


HIGHLIGHTS

  • Hwy 24 Frontage
  • Prime location in Paducah’s dominant retail corridor
  • NN lease with minimal landlord obligations
  • 7 years remaining on primary term plus renewal options

OVERVIEW

This is a rare opportunity to acquire a fee-simple, single-tenant retail asset leased to Academy Sports + Outdoors, a nationally recognized sporting goods retailer with 282 locations across 18 states and annual revenues exceeding $6.16 billion. The property, strategically positioned at 150 McBride Lane in Paducah, KY, was built-to-suit in 2017 and offers a secure, long-term income stream with approximately seven years remaining on the primary term and three additional five-year renewal options. Located in the retail epicenter of Paducah, the site benefits from exceptional visibility along Interstate 24 (45,023 VPD) and Highway 60 (27,659 VPD). It sits adjacent to Kentucky Oaks Mall, a super-regional shopping destination anchored by major national retailers including Dillard’s, JCPenney, Ross Dress for Less, Burlington, Dick’s Sporting Goods, and Best Buy. The immediate trade area features Lowe’s, Walmart, Home Depot, Kohl’s, Sam’s Club, and Hobby Lobby, ensuring strong consumer traffic and synergy. The NN lease structure minimizes landlord responsibilities to foundation, roof (with a 15-year warranty), and structural integrity, making this an ideal passive investment. Scheduled rent increases every five years provide a hedge against inflation. Paducah’s stable demographics, proximity to major employers, and access to Interstate 24 position this asset for continued success. Academy Sports + Outdoors maintains a BB credit rating from S&P with a positive outlook, reinforcing tenant strength.

FOR SALE DETAILS

PRICE

$9,349,903 USD

PRICE/SF

$146 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Academy Sports

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

471

LAND DETAILS

LAND ACRES

6.85 AC

LAND SF

298,386 SF

ZONING

C

APN/PARCEL ID

086-20-00-017.04

ASK ABOUT THIS PROPERTY

Lyndon YaoSaga International RealtyMore Info
281-633-6629

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Lyndon YaoSaga International RealtyMore Info
281-633-6629

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