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 Buildings
1
Zoning
Commercial
New Construction
No
Best For
Commercial
General Information
Property Type
Commercial Sale
County
Lewis
Subdivision
Vanceburg
Zip Code
41179
Listing Number
552970
Property Features
Basement
None
Heating
Forced Air
Additional Information
Levels
One
Construction
Brick
Lot Dimensions
1.72 Acres
Water
Public
Sewer
Public Sewer
Foundation
Slab
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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
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