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243 Commercial Drive Vanceburg KY 41179
Listing Information
Price $700,000
Listing Number 552970

Driving Directions
AA Highway East to a left on Commercial Drive in Vanceburg. The property is located on the AA Highway.

Agent Remarks
Single tenant building that was custom built to suit for the Commonwealth of Kentucky Cabinet for Health and Family Services. The property is leased until June 30, 2028 making this a high return office investment with nearly 7 years of lease term remaining. This office building is offered for sale at less than 50% of replacement cost. This modified gross lease provides for tenant paid utilities and some tenant paid maintenance. The net operating income is approximately $52,000 per year providing a 7.43% cap rate.

Commercial Information
# of Buildings1
New ConstructionNo
Best ForCommercial
General Information
Property TypeCommercial Sale
Zip Code41179
Listing Number552970
Property Features
HeatingForced Air

Additional Information
Lot Dimensions1.72 Acres
SewerPublic Sewer

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This listing courtesy of Copperwood Realty Group LLC. All Information is believed accurate, but is NOT guaranteed.
The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Hoeting Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.