Skip to main content

Miscellaneous

Pinnacle Treatment Center (Dark)

4747 Old Dublin Rd, Mayfield, KY 42066

Listing Price: $875,000

Cap Rate
10.44%
Tenant Name
Pinnacle Treatment Center
Years Remaining On Lease
2.0
Gross SF
12,993
Guarantor
Corporate Guarantee
Rentable SF
12,993
Price/Gross SF
$67.34
Lease Type
Double Net
Rent Per Square Feet
$7.39

Investment Overview

Marcus & Millichap is pleased to present the Dark Pinnacle Treatment Center located in Mayfield, Kentucky.

The 12,993 square foot building is positioned on about 5 acres off of Old Dublin Road. The former treatment center has easy accessibility to both Interstate 69 and U.S. Route 45, which are the two main thoroughfares that feed into and around Mayfield. Mayfield is a home-rule class city and is the county seat of Graves County, Kentucky. Mayfield is about 32 miles from Paducah, which is the largest city in the Jackson Purchase Region.

Pinnacle Treatment Center signed an original 12-year lease which commenced on October 1, 2013, and is set to expire September 2025. The lease is considered double net, with the landlord responsible for the real estate taxes associated with the building and the roof and structure. There was a brand-new roof installed in 2020. Though the tenant has left, they will continue to pay rent through the end of September 2025.

Investment Highlights

  • 12,993 Square Foot Treatment Center Positioned on Five Acres
  • 12-Year Lease Commenced October 1, 2013 and Set to Expire September 30, 2025 | 2.5+ Years Remaining
  • Tenant has Announced They are Leaving After 9/30/2025 Expiration
  • Double Net Lease | Landlord Responsible for Real Estate Taxes and Roof and Structure | Brand New Roof Installed in 2020
  • The Former Treatment Center Sits Just Seven Miles from Downtown Mayfield
  • Mayfield is Just 32 Miles Outside Paducah, Kentucky (Largest City in the Jackson Purchase Region)

Exclusively Listed By

Miscellaneous

Pinnacle Treatment Center (Dark)

Listing Price: $875,000

Cap Rate
10.44%
Tenant Name
Pinnacle Treatment Center
Years Remaining On Lease
2.0
Gross SF
12,993
Guarantor
Corporate Guarantee
Rentable SF
12,993
Price/Gross SF
$67.34
Lease Type
Double Net
Rent Per Square Feet
$7.39

Investment Highlights

  • 12,993 Square Foot Treatment Center Positioned on Five Acres
  • 12-Year Lease Commenced October 1, 2013 and Set to Expire September 30, 2025 | 2.5+ Years Remaining
  • Tenant has Announced They are Leaving After 9/30/2025 Expiration
  • Double Net Lease | Landlord Responsible for Real Estate Taxes and Roof and Structure | Brand New Roof Installed in 2020
  • The Former Treatment Center Sits Just Seven Miles from Downtown Mayfield
  • Mayfield is Just 32 Miles Outside Paducah, Kentucky (Largest City in the Jackson Purchase Region)

Investment Overview

Marcus & Millichap is pleased to present the Dark Pinnacle Treatment Center located in Mayfield, Kentucky. The 12,993 square foot building is positioned on about 5 acres off of Old Dublin Road. The former treatment center has easy accessibility to both Interstate 69 and U.S. Route 45, which are the two main thoroughfares that feed into and around Mayfield. Mayfield is a home-rule class city and is the county seat of Graves County, Kentucky. Mayfield is about 32 miles from Paducah, which is the largest city in the Jackson Purchase Region. Pinnacle Treatment Center signed an original 12-year lease which commenced on October 1, 2013, and is set to expire September 2025. The lease is considered double net, with the landlord responsible for the real estate taxes associated with the building and the roof and structure. There was a brand-new roof installed in 2020. Though the tenant has left, they will continue to pay rent through the end of September 2025.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower