American Freight | Corp. Lease | Below Market Rent | Kentucky
3521 James Sanders Blvd., Paducah, KY
Price: $2,802,000
Status: Available
Cap Rate: 7.75%
Year Built: 2018
NOI: $217,180
Lot Size: 2.79 acres
Price Per Foot: $119
Lease Type: NN
Remaining Term: 9.5 Years
GLA: 23,500 sqft
Property Intro
Lee & Associates is pleased to present American Freight Furniture an investment opportunity for a qualified investor
Lee & Associates is pleased to present American Freight Furniture & Appliance, a leading national brand with a robust presence across 40 states and over 370 locations. Situated in Paducah, Kentucky, this property offers an advantageous location in a bustling metropolitan area strategically positioned halfway between the major hubs of Nashville and St. Louis. With over 370 locations nationwide, American Freight boasts a strong brand presence and consistent revenue performance. THis opportunity offers investors stable income streams with minimal landlord responsibilities. Additionally, the lease is priced below replacement cost, enhancing its investment appeal. A well-located retail property with a nationally recognized tenant, favorable lease terms, and significant growth potential.