Office Medical

St. Camillus Urgent Care & Family Practice

312 N Main St, Leitchfield, KY 42754

Listing Price: $600,000

Cap Rate
8.00%
Gross SF
2,371
Rentable SF
2,371
Price/Gross SF
$253.06
Year Built
2017
Lot Size
0.66 acres

Investment Overview

Marcus & Millichap is pleased to present this triple-net leased urgent care medical office building located in Leitchfield, Kentucky.

This opportunity is situated in a well established residential and retail corridor on a signalized corner. The property is improved on 0.66 acres with a total of 2,371 square feet. Traffic counts exceed over 15,700 cars per day along Main Street. There is a total of 16,000 employees that make up the daytime population.

Fourteen years remain on the triple-net lease. Three, five-year options to renew are available and there are 10 percent rental increases every five years and including the option periods.

Leitchfield is 46 miles north of Bowling Green, Kentucky and 105 miles southeast of Evansville, Indiana. The city has a population of over 6,874 and the county of Grayson is 26,221. The immediate corridor is home to local and national retailers such as Walgreens, Save-A-Lot and Shell Gas Station as well as major industrial manufacturers such as Leggett & Platt, Plastikon and Core-Mark to name a few.

Investment Highlights

  • Triple-Net Lease with 14 Years Remaining
  • Rental Increases of 10 Percent Every Five Years
  • Zero Landlord Responsibilities

Exclusively Listed By

Office Medical

St. Camillus Urgent Care & Family Practice

Listing Price: $600,000

Cap Rate
8.00%
Gross SF
2,371
Rentable SF
2,371
Price/Gross SF
$253.06
Year Built
2017
Lot Size
0.66 acres

Investment Highlights

  • Triple-Net Lease with 14 Years Remaining
  • Rental Increases of 10 Percent Every Five Years
  • Zero Landlord Responsibilities

Investment Overview

Marcus & Millichap is pleased to present this triple-net leased urgent care medical office building located in Leitchfield, Kentucky.

This opportunity is situated in a well established residential and retail corridor on a signalized corner. The property is improved on 0.66 acres with a total of 2,371 square feet. Traffic counts exceed over 15,700 cars per day along Main Street. There is a total of 16,000 employees that make up the daytime population.

Fourteen years remain on the triple-net lease. Three, five-year options to renew are available and there are 10 percent rental increases every five years and including the option periods.

Leitchfield is 46 miles north of Bowling Green, Kentucky and 105 miles southeast of Evansville, Indiana. The city has a population of over 6,874 and the county of Grayson is 26,221. The immediate corridor is home to local and national retailers such as Walgreens, Save-A-Lot and Shell Gas Station as well as major industrial manufacturers such as Leggett & Platt, Plastikon and Core-Mark to name a few.

Exclusively Listed By

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