Single-Tenant Office Medical
Recovery Now 15-Year Sale Leaseback
4747 Old Dublin Rd, Mayfield, KY 42066
Listing Price: $1,828,571
Cap Rate
8.75%
Tenant Name
Recovery Now
Years Remaining On Lease
15.0
Gross SF
16,456
Guarantor
Franchisee Guarantee
Rentable SF
16,456
Price/Gross SF
$111.12
Lease Type
Absolute Net
Rent Per Square Feet
$9.72
Investment Overview
Marcus & Millichap is pleased to present the Recovery Now 15-Year Sale Leaseback opportunity in Mayfield, Kentucky.
Single-Tenant Office Medical
Recovery Now 15-Year Sale Leaseback
Listing Price: $1,828,571
Cap Rate
8.75%
Tenant Name
Recovery Now
Years Remaining On Lease
15.0
Gross SF
16,456
Guarantor
Franchisee Guarantee
Rentable SF
16,456
Price/Gross SF
$111.12
Lease Type
Absolute Net
Rent Per Square Feet
$9.72
Investment Highlights
- 15-Year Sale Leaseback to be signed with COE
- Absolute Net Lease with Zero LL Responsibility
- Three Percent Annual Rent Increases
- 2015 Retrofit
- Priced Below Replacement at $117 per Square Foot
- Five Acre Site
Investment Overview
Marcus & Millichap is pleased to present the Recovery Now 15-Year Sale Leaseback opportunity in Mayfield, Kentucky.
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