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Exxon Truck Stop 2730 John L Puryear Dr

3,638 SF Retail Building Paducah, KY 42003 $2,720,000 ($748/SF) 7.50% Cap Rate

Investment Highlights

  • Corporate Guaranteed Absolute Triple Net (NNN) Investment With Approximately 19 Years Remaining on the Lease
  • Prime Location Directly Off I-24, Conveniently Positioning This Property For Optimal Accessibility and Convenience
  • Property is Equipped With 4 Diesel Fueling Lanes and 10 Non-Diesel Fueling Stations For Truckers and Travelers
  • Subject Property Was Recently Renovated With New Gas and Diesel Pumps, Canopy and Signage to Reflect the Modern Exxon
  • I-24 is an Interstate Highway Which Travels Through Illinois, Kentucky, Georgia and Tennessee
  • Property is Located on John L Puryear Drive, Which Sees Over 16,000 VPD

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer for Sale a 3,638 SF Exxon Truck Stop Located at 2730 John L Puryear Drive in Paducah, KY. This Deal Includes a Corporate Guaranteed Absolute Triple Net (NNN) Investment With Approximately 19 Years Remaining on the Lease and Subject Property Was Recently Renovated With New Gas and Diesel Pumps, Canopy and Signage to Reflect the Modern Exxon, Providing For a Beneficial Investment.
In Cooperation With ParaSell, Inc., A Licensed Kentucky Broker – Lic. #260997 BoR: Scott Reid – Lic. KY #260934

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
3,638 SF
Building Class
C
Year Built
1867
Price
$2,720,000
Price Per SF
$748
Cap Rate
7.50%
NOI
$204,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
5.99 AC
Zoning
Commercial - Commercial
Parking
15 Spaces (4.12 Spaces per 1,000 SF Leased)
Frontage
124 FT on John L Puryear Drive

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Exxon
  • Retailer
  • 3,638 SF
  • -
  • Aug 2043
Tenant Industry SF OCCUPIED RENT/SF Lease End
Exxon Retailer 3,638 SF - Aug 2043

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
115-00-00-039.11
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$503,700
  • Listing ID: 31753265

  • Date on Market: 5/9/2024

  • Last Updated:

  • Address: 2730 John L Puryear Dr, Paducah, KY 42003

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