3121-3125 Parisa Dr - Medical FOR SALE


Paducah, KY 42003
$1,449,586 USD
502-593-8816
3121-3125 Parisa Dr, Paducah, KY for Sale
$1,449,586 USD
Medical - FOR SALE
1/6
null | 7.5% Cap Rate

3121-3125 Parisa Dr
Paducah, KY 42003


HIGHLIGHTS

  • 6,715 SF two-tenant medical center located in robust medical & residential corridor of Paducah, KY
  • 19,500 VPD (23) on U.S. 62 in front of property
  • Maximum Visibility - The site offers great visibility along U.S. 62 and features a large monument sign in front of the property
  • Located less than a mile from I-24, in a major medical corridor
  • Opportunity for rent increases

OVERVIEW

100% leased Class B medical center located in the city of Paducah which serves as one of the larger economic hubs in western Kentucky. The property is 1.18 acres and features a building with 6,715 rentable square feet, ample parking, and excellent road frontage. The property is located on U.S. 62 which is a heavily traveled road in Paducah featuring over 19,500 VPD in front of the property. Dense residential surrounds the property along with multiple schools. This stretch of U.S. 62 features multiple medical users, a hospital, and an urgent care center creating a unique and robust medical corridor in Paducah. The immediate area also features prominent retailers such as Kroger, Harbor Freight, Walgreens, Dunkin Donuts, Banterra Bank and more.

FOR SALE DETAILS

PRICE

$1,449,586 USD

PRICE/SF

$193 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parisa Drive Medical Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

-

APN/PARCEL ID

105-00-00-002.09

ASK ABOUT THIS PROPERTY

Lawrence BisigHogan Real EstateMore Info
502-593-8816

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Lawrence BisigHogan Real EstateMore Info
502-593-8816

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