2831 Lone Oak Rd - Medical FOR SALE


Paducah, KY 42003
$8,493,333 USD
732-856-4349
2831 Lone Oak Rd, Paducah, KY for Sale
$8,493,333 USD
Medical - FOR SALE
1/12
null | 7.5% Cap Rate

2831 Lone Oak Rd
Paducah, KY 42003


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$8,493,333 USD

PRICE/SF

$400 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,386 SF

ZONING

-

APN/PARCEL ID

097-11-00-005.02

ASK ABOUT THIS PROPERTY

Ryan LupoZeustra Real Estate Investment ServicesMore Info
732-856-4349

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Ryan LupoZeustra Real Estate Investment ServicesMore Info
732-856-4349

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