3916 Hinkleville Road, Paducah, KY 42001
$1,550,000
Property Type:
Commercial Sale
Square Footage:
7,535
Status:
Closed
Current Price:
$1,550,000
List Date:
10/30/2023
Last Modified:
7/31/2026
Overview
Description
Listing Details MLS# W124364
Status Change Information
- Status Change Timestamp
- 2024-06-06
- Purchase Contract Date
- 2024-04-15
- Close Date
- 2024-06-05
- Close Price
- 1550000
- Buyer Financing
- Conventional
Address
- County
- McCracken
- Street Number
- 3916
- Street Name
- Hinkleville
- Street Suffix
- Road
- State
- KY
- Zip Code
- 42001
Contract
- Original List Price
- 2125000
- Listing Contract Date
- 2023-10-30
- Owner Name
- Fairhaven Trust
- SP/LP
- 0.84
Interior
- Living Area
- 7535
- Building Area Source
- Public Records
Building
- Basement YN
- No
- Stories Total
- Yes
Remarks
- Public Remarks
- Ocharley's NNN on Hinkleville Rd in Paducah, KY Experience a strong investment at 3916 Hinkleville Rd in Paducah, KY with this NNN lease property. Featuring a recently renewed lease and impressive store sales, this is a prime opportunity in a fantastic location. This retail property offers a single tenant, absolute NNN lease with a corporate guarantee. With a lease expiration set for 01/01/2030 and a remaining term of 6.2 years, you can enjoy a stable income stream. The property spans 7,535 square feet and boasts a 100% occupancy rate, providing immediate returns on your investment. The current NOI for 2024 & 2025 is projected at $148,000, with a rent increase scheduled for 1/1/2026 to $158,360 for the remaining term.
More Information
Building and Property Details
- Retail SqFt
- 7535
Tax & Legal
- Directions
- From exit 4 on I-24 go east to the stop light and turn right. Ocharley's will be to the left.
Association/Community
- Number Of Buildings
- 1
Business Type
- Restaurant
- Yes
Property Features
Business Type:
Restaurant
Listing Office:
HRE Advisors
Last Updated: July - 31 - 2026
Information deemed reliable but not guaranteed.