3215 Irvin Cobb Drive 120-23-00-047, Paducah, KY 42003
$1,200,000
Property Type:
Commercial Sale
Square Footage:
10,000
Status:
Closed
Current Price:
$1,200,000
List Date:
9/14/2018
Last Modified:
7/31/2026
Overview
Description
Listing Details MLS# W99435
Status Change Information
- Status Change Timestamp
- 2019-01-28
- Purchase Contract Date
- 2018-12-14
- Close Date
- 2019-01-25
- Close Price
- 1200000
- Buyer Financing
- Conventional
Address
- County
- McCracken
- Street Number
- 3215
- Street Name
- Irvin Cobb
- Street Suffix
- Drive
- Unit Number
- 120-23-00-047
- State
- KY
- Zip Code
- 42003
Contract
- Original List Price
- 1499900
- Listing Contract Date
- 2018-09-14
- Owner Name
- Vision Prop. Mgmt., Inc.
- Occupant Type
- Tenant
- SP/LP
- 0.8
Interior
- Living Area
- 10000
- Building Area Source
- Public Records
Parking Information
- Parking Total
- 51
Building
- Basement YN
- No
- Stories Total
- Yes
- Accessibility Features YN
- Yes
More Information
Lot
- Lot Size Dimensions
- .999
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
- Cable Available
- Yes
- Cable Connected
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
- Other
- Yes
Remarks
- Public Remarks
- Strong, multi-tenant investment property directly in front of Lowe's and across the street from Wal-Mart. Currently 100% occupied by five tenants (Penn Station East Coast Subs, Snap Fitness, Hoskins, Queen Nail Spa, Mobile Nation ), all with NNN leases and options. Offered at a 7.0% cap. Leases available upon request. Tenants report excellent sales and intent to extend. Built in 2003 and configurable with up to six tenant spaces (9,500 +/- SF GLA). 51 parks, and over 17,200 vehicles per day traffic count. Five new HVAC units in Dec. 2015. All parking lights replaced with high-efficiency LED in Dec. 2017. Parking lot sealed & striped in July 2018. Excellent investment opportunity in one of Paducah's busiest retail areas.
Building and Property Details
- Retail SqFt
- 9500
Tax & Legal
- Directions
- From I-24 exit 11, take John L. Puryear Dr. north approximately 2 miles. At intersection with Irvin Cobb Dr., turn left. Continue approximately 1/4 mile and property is on your left directly in front of Lowe's and across the street from Wal-Mart.
Association/Community
- Number Of Buildings
- 1
Construction Materials
- Concrete
- Yes
Cooling
- Central Air
- Yes
Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Parking Features
- Other
- Yes
Possession
- Close Of Escrow
- Yes
- Negotiable
- Yes
Roof
- Rubber
- Yes
Sewer
- Public Sewer
- Yes
Business Type
- Restaurant
- Yes
- Retail
- Yes
- Other
- Yes
Docks
- None
- Yes
Showing Requirements
- Call Listing Agent
- Yes
- Call Listing Office
- Yes
- Restricted Hours
- Yes
Documents
- Other
- Yes
Property Features
Utilities:
Cable Available; Cable Connected; Natural Gas Available; Sewer Available; Water Available; Other; Cable Available; Cable Connected; Natural Gas Available; Sewer Available; Water Available; Other
Business Type:
Restaurant; Retail; Other
Construction Materials:
Concrete
Cooling:
Central Air
Docks:
None
Heating:
Forced Air; Natural Gas
Parking Features:
Other
Possession:
Close Of Escrow; Negotiable
Roof:
Rubber
Sewer:
Public Sewer
Showing Requirements:
Call Listing Agent; Call Listing Office; Restricted Hours
Documents:
Other
Listing Office:
Sirk & Company
Last Updated: July - 31 - 2026
Information deemed reliable but not guaranteed.