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Shopping Strip

41A Nebo Road

101 Nebo Rd, Madisonville, KY 42431

Listing Price: $815,000

Cap Rate
7.70%
Gross SF
5,710
Rentable SF
5,710
Price/Gross SF
$142.73
Lot Size
0.57 acres
Year Built
1996

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.

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.

Exclusively Listed By

Broker of Record

  • Grant Fitzgerald

    Vice President/Regional Manager

    (502) 329-5900

    License(s) KY: 286261

    Kentucky

Financing By

Shopping Strip

41A Nebo Road

Listing Price: $815,000

Cap Rate
7.70%
Gross SF
5,710
Rentable SF
5,710
Price/Gross SF
$142.73
Lot Size
0.57 acres
Year Built
1996

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

  • Grant Fitzgerald

    Vice President/Regional Manager

    (502) 329-5900

    License(s): KY: 286261

    Kentucky

Financing By

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