3107 Cincinnati Rd - Medical FOR SALE


Georgetown, KY 40324
$6,510,000 USD
317-218-5329
3107 Cincinnati Rd, Georgetown, KY for Sale
$6,510,000 USD
Medical - FOR SALE
1/5
null | 7.25% Cap Rate

3107 Cincinnati Rd
Georgetown, KY 40324


HIGHLIGHTS

  • Absolute Net Lease
  • 9.5 Years Remaining on the Lease | Tenant Exercised First Option 3 Years Early
  • Annual Rent Increases
  • Pro-Forma Cap Rate: 9.19%
  • 6.5 Miles from the Toyota Motor Manufacturing Kentucky Facility (TMMK) - 7.5 Million Square Foot Facility
  • Pinnacle Treatment Center 135 Locations in 9 States

OVERVIEW

Pinnacle Treatment Centers is a leading provider of comprehensive addiction and substance use disorder treatment services in the United States. Founded in 2006, the organization has grown from a small outpatient provider in Pennsylvania into a large, community-based treatment network serving more than 35,000 patients daily across over 135 locations in nine states, including California, Georgia, Indiana, Kentucky, New Jersey, North Carolina, Ohio, Pennsylvania, and Virginia.

FOR SALE DETAILS

PRICE

$6,510,000 USD

PRICE/SF

$236 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pinnacle Treatment Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

10 AC

LAND SF

435,600 SF

ZONING

C-3

APN/PARCEL ID

159-30-124.000,159-30-126.000

ASK ABOUT THIS PROPERTY

Nathan WhalenMarcus & MillichapMore Info
317-218-5329

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Nathan WhalenMarcus & MillichapMore Info
317-218-5329

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