Shopping Strip
41A Nebo Road
101 Nebo Rd, Madisonville, KY 42431
Listing Price: $815,000
Investment Overview
101 Nebo Rd is a 5,562 SF fully leased multi-tenant retail center in Madisonville, KY, featuring 8 units and 100% occupancy. Positioned along a high-visibility corridor near national retailers like Lowe’s, Walmart, and Walgreens, the property is offered at $815,000 with a 7.70% cap rate based on in-place income. The asset provides consistent cash flow with limited landlord responsibilities and upside through scheduled rent increases. Surrounded by strong nearby employment and traffic counts exceeding 25,000 VPD, 101 Nebo Rd is a stable, income-producing retail investment opportunity.
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $815,000
Investment Highlights
- Fully stabilized retail strip center with 8 of 8 units leased, producing reliable income.
- Offered at $815,000 with a 7.70% cap rate based on current NOI.
- Prime location near Lowe's and Walmart with 25,000+ vehicles per day on Hwy 41A.
Investment Overview
101 Nebo Rd is a 5,562 SF fully leased multi-tenant retail center in Madisonville, KY, featuring 8 units and 100% occupancy. Positioned along a high-visibility corridor near national retailers like Lowe’s, Walmart, and Walgreens, the property is offered at $815,000 with a 7.70% cap rate based on in-place income. The asset provides consistent cash flow with limited landlord responsibilities and upside through scheduled rent increases. Surrounded by strong nearby employment and traffic counts exceeding 25,000 VPD, 101 Nebo Rd is a stable, income-producing retail investment opportunity.
Exclusively Listed By
Broker of Record
Financing By
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