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809 US Highway 60 E
Morganfield, KY 42437

$800,000 USD

Freestanding For Sale  •  2,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 1,472 SF
  • Lot Size 0.24 AC
  • Building Class B
  • Year Built 1999
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning Comm
30 Walk Score

Highlights

Brand-New 15-Year Absolute NNN Lease Commencing at Close of Escrow
Zero Landlord Responsibilities With Four (4) Five-Year Renewal Options
Scheduled 10% Rent Increases Every 5 Years
Backed by a High Net Worth Personal Guaranty
Adjacent to Walmart Supercenter, Tractor Supply Co., and Dollar Tree
Positioned Along U.S. Highway 60 (±7,523 VPD), Morganfield's Primary Commercial Corridor

Property Flyers

Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Subway

Public Transportation

AirportDriveWalkDistance
Evansville Regional 55 min - 36.8 mi
Tyler Bindi 408-510-9057 Marcus & Millichap
Tyler Bindi 408-510-9057 Marcus & Millichap