For Sale
$1,550,000

3937 Winston AveCovington, KY 41015

US Bank NNN Lease, Kentucky

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a single-tenant, absolute NNN leased retail property located at 3937 Winston Ave, Covington, KY 41015. The property, a 4,381 square foot building on a 0.465-acre lot, is currently occupied by US Bank, a highly reputable and financially stable tenant. Built in 1974, this one-story structure boasts a prominent location, ensuring high visibility and accessibility. The current lease with US Bank extends through 2029, providing investors with long-term stability and predictable cash flow. The property is zoned TUMU and offers a secure investment with a strong tenant history exceeding 50 years. This is a rare opportunity to acquire a well-established, passively managed income stream in a desirable Kentucky location. The asking price for this net lease investment is $1,550,000. The property's single-tenant occupancy minimizes management complexities, making it an attractive option for passive investors seeking a reliable return. The long-term lease provides financial security and predictable income, while the prime location and strong tenant history further enhance its investment appeal. This is a turnkey investment ready for immediate income generation.

Highlights

  • Asking Price: $1,550,000
  • Property Type: Retail, Bank, Net Lease Investment
  • Tenant: US Bank, Single Tenant, Absolute NNN Lease through 2029
  • Building Size: 4,381 square feet, 1 story, built in 1974 on a 0.465-acre lot
  • Location: 3937 Winston Ave, Covington, KY 41015, Zoned TUMU

Property Details for 3937 Winston Ave

Property type
Retail properties, Banks
Square Feet
4,381 SF
Year Built
1974
Buildings
1
Stories
1
Lot Size (sq. ft)
20,255 SF
Units
1

Location Insight

City
Covington
County
Kenton
State
Kentucky
Latitude
39.04412618761
Longitude
-84.504995344648
3937 Winston Ave, Covington, Kentucky

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3937 Winston Ave
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