4747 Old Dublin Rd - Medical FOR SALE
Mayfield, KY 42066 |
$1,828,571 USD
317-218-5329
4747 Old Dublin Rd
Mayfield, KY 42066
HIGHLIGHTS
- 15-Year Lease to be Signed at Close of Escrow
- Absolute Net Lease
- 3.00% Annual Rent Bumps
- 9.85% Cap Rate by Year 5 | 11.42% Cap Rate by Year 10 | 13.42% Cap Rate by Year 15
- 9.22% Cash-on-Cash Return (based off 75% LTV, 6.75% IR, 25/5)
- 11% Cash-on-Cash Return by Year 3 | 12.88% Cash-on-Cash Return by Year 5 | 18.11% Cash-on-Cash Return by Year 10
FOR SALE DETAILS
PRICE
$1,828,571 USD
PRICE/SF
$141 USD /SF
CAP RATE
8.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Recovery Now (15-Yr Sale Leaseback)
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2015
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
5 AC
LAND SF
217,800 SF
ZONING
C
APN/PARCEL ID
040.00.00.063.00
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317-218-5329
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317-218-5329
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