NEW PRICE | ABSOLUTE NNN | +14 YEARS | NO RENT HOLIDAY | 6.25% CAP RATE

3001 Lone Oak Rd, Paducah, KY 42003

  • For Sale $3,569,600
  • Property Type Other
  • Date Updated Jun 15, 2025

NEW PRICE | 6.25% CAP RATE | ABSOLUTE NNN | +14 YEARS | NO RENT HOLIDAY

Colliers is pleased to present the opportunity to acquire an absolute NNN-leased CVS Pharmacy with +14 years of remaining term and no rent holiday in Paducah, KY. The property was built in 1999 for CVS. In 2019, CVS agreed to a rare 20-year lease extension, confirming CVS’s commitment to this trade area and building location. Attractively located in the low-income tax, southern state of Kentucky, CVS is paying a modest annual rent of $223,100. The $3,569,600 price offers an investor a very high-credit corporate guarantee at a low price point rarely found in the market. The property is available debt-free. The owner is currently offering for sale two similar CVS properties in Gadsden, AL, and Black Mountain, NC. Both with 20-year extensions in 2019, absolute NNN leases, no rent holidays. The three properties can be purchased individually or as part of a portfolio acquisition.

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Attachments

Contacts

broker
Jon Busse
broker
Christian Rahe

Location

Getting Around

  • Walk Score ®

    63/100 Somewhat Walkable
  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Paducah, KY
  • Neighborhood Massac
  • Zip Code 42003

Points of Interest

  • BP Gas Station

    0.07 miles

  • Banks Market Fuel

    0.34 miles

  • Hucks

    0.62 miles

  • Marathon Gas

    0.84 miles

  • BP

    1.47 miles

  • Murphy USA

    2.90 miles

  • Exxon

    3.13 miles

  • McCracken County Courthouse Parking

    4.80 miles

  • Public Parking

    4.97 miles

  • City Hall Parking

    5.01 miles

  • Country Inn & Suites

    2.77 miles

  • Quality Inn & Suites

    2.79 miles

  • Holiday Inn Express & Suites

    2.89 miles

  • Drury Inn & Suites

    2.89 miles

  • Courtyard

    2.93 miles

  • Auburn Place

    2.93 miles

  • Motel 6

    2.96 miles

  • Pear Tree Inn

    2.97 miles

  • Hotel 7 Inn

    3.09 miles

  • Days Inn

    3.12 miles

  • Hardee's

    0.05 miles

  • The Dairyette

    0.06 miles

  • Papa John's

    0.13 miles

  • Parker's Drive Inn

    0.16 miles

  • Domino's

    0.23 miles

  • Gulf Coast Connection

    0.26 miles

  • Wendy's

    0.28 miles

  • Chong's

    0.40 miles

  • Los Amigos

    0.41 miles

  • Lone Oak Little Castle

    0.42 miles

  • Lone Oak Middle School

    0.13 miles

  • Lone Oak Elementary School

    0.25 miles

  • West Kentucky Community and Technical College

    1.13 miles

  • Clark School

    2.61 miles

  • Emma Morgan School

    3.15 miles

  • Union Station School

    3.34 miles

  • Paducah Tilghman High School

    3.42 miles

  • Hanifan School

    3.99 miles

  • West Kentucky School

    4.18 miles

  • Longfellow School

    4.41 miles

Frequently Asked Questions

How much does NEW PRICE | ABSOLUTE NNN | +14 YEARS | NO RENT HOLIDAY | 6.25% CAP RATE cost?

The space currently listed for sale at NEW PRICE | ABSOLUTE NNN | +14 YEARS | NO RENT HOLIDAY | 6.25% CAP RATE asks for $3,569,600.

What is the total square footage of NEW PRICE | ABSOLUTE NNN | +14 YEARS | NO RENT HOLIDAY | 6.25% CAP RATE?

NEW PRICE | ABSOLUTE NNN | +14 YEARS | NO RENT HOLIDAY | 6.25% CAP RATE totals 10,121 square feet.

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Contact NEW PRICE | ABSOLUTE NNN | +14 YEARS | NO RENT HOLIDAY | 6.25% CAP RATE
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