Skip to main content

Single-Tenant Office Medical

Pinnacle Treatment Center

4747 Old Dublin Rd, Mayfield, KY 42066

Listing Price: $1,028,000

Cap Rate
8.78%
Tenant Name
Pinnacle Treatment Center
Years Remaining On Lease
4.3
Gross SF
12,993
Guarantor
Corporate Guarantee
Rentable SF
12,993
Price/Gross SF
$79.12
Lease Type
Double Net
Rent Per Square Feet
$7.38

Investment Overview

The 12,993 square foot building is positioned on about 5 acres off of Old Dublin Road. The 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 30, 2025 leaving more than 5 years of lease term remaining. 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. There are rare 3 percent annual rent increases in both the base term and in the five-year renewal option that is available, providing a perfect hedge against potential future inflation.

Pinnacle Treatment Centers provide inpatient and outpatient treatment for those suffering from addiction. Their services include drug-free and medication-assisted treatment, through a network of 130+ facilities across Pennsylvania, New Jersey, Virginia, Indiana, Ohio, Kentucky and California.

Investment Highlights

  • 12,993 Square Foot Treatment Center Positioned on 5 Acres
  • 12-Year Lease Commenced October 1, 2013 & Set to Expire September 30, 2025
  • Double Net Lease | Landlord Responsible for Real Estate Taxes & Roof and Structure
  • Brand New Roof Installed in 2020
  • Rare 3% Annual Rent Increases in both the Base Term & the Renewal Option
  • One, Five-Year Renewal Options Available

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (513) 878-7733

    License(s) KY: 242197

    Kentucky

Single-Tenant Office Medical

Pinnacle Treatment Center

Listing Price: $1,028,000

Cap Rate
8.78%
Tenant Name
Pinnacle Treatment Center
Years Remaining On Lease
4.3
Gross SF
12,993
Guarantor
Corporate Guarantee
Rentable SF
12,993
Price/Gross SF
$79.12
Lease Type
Double Net
Rent Per Square Feet
$7.38

Investment Highlights

  • 12,993 Square Foot Treatment Center Positioned on 5 Acres
  • 12-Year Lease Commenced October 1, 2013 & Set to Expire September 30, 2025
  • Double Net Lease | Landlord Responsible for Real Estate Taxes & Roof and Structure
  • Brand New Roof Installed in 2020
  • Rare 3% Annual Rent Increases in both the Base Term & the Renewal Option
  • One, Five-Year Renewal Options Available

Investment Overview

The 12,993 square foot building is positioned on about 5 acres off of Old Dublin Road. The 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 30, 2025 leaving more than 5 years of lease term remaining. 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. There are rare 3 percent annual rent increases in both the base term and in the five-year renewal option that is available, providing a perfect hedge against potential future inflation.

Pinnacle Treatment Centers provide inpatient and outpatient treatment for those suffering from addiction. Their services include drug-free and medication-assisted treatment, through a network of 130+ facilities across Pennsylvania, New Jersey, Virginia, Indiana, Ohio, Kentucky and California.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (513) 878-7733

    License(s): KY: 242197

    Kentucky

MM Texture Background
MM Textured Background Lower