For Sale
$2,295,900

2620 Perkins Creek Dr Paducah, KY 42001

VA Outpatient Clinic - Triple Net Lease

Overview

Added:
Feb 3
Days on market:
73
This exceptional investment opportunity presents a 11,500 square foot commercial building located at 2620 Perkins Creek Drive in Paducah, Kentucky. The property is currently occupied by a single, credit-worthy tenant: the United States Government's Veterans Affairs (VA) Outpatient Center, under a triple net lease since 2017. The building underwent a complete renovation in 2017, specifically designed to meet the VA's operational needs. This ensures a stable and long-term income stream for the investor. The property's strategic location within the highly desirable Strawberry Hill Area places it at the center of significant ongoing development, promising future appreciation in property value. This presents a rare chance to acquire a secure, government-leased asset in a rapidly growing area. The property sits on a 0-acre lot and is classified as General Commercial. The asking price for this turnkey investment is $2,295,900. This is a compelling opportunity for investors seeking a low-risk, high-return investment with a strong tenant and excellent growth potential. The property's history of stable occupancy and recent renovations minimize potential maintenance and operational concerns. The location within a developing area further enhances the long-term value proposition.

Property Details for 2620 Perkins Creek Dr

Property type
Commercial real estate
Square Feet
11,500 SF

Location Insight

City
Paducah
County
McCracken
State
Kentucky
Latitude
37.06693
Longitude
-88.68564
2620 Perkins Creek Dr, Paducah, Kentucky

FAQs

What type of property is this?
Commercial real estate - VA Outpatient Clinic - Triple Net Lease
Where is the commercial real estate located?
The property is located at 2620 Perkins Creek Dr Paducah, KY.
What is the asking price?
The asking price for this property is $2,295,900.
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2620 Perkins Creek Dr
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