Contacts
Property Details
- Property Type Other
- Property Size 10,121 SF
- Date Updated Apr 26, 2025
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 $3,880,000 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, and low-price points ranging from $2,975,652 and $3,306,000. The three (3) properties can be purchased individually or as part of a portfolio acquisition.
Reach out to the broker for more info on lease terms and amenities
Getting around
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63/100
Walk Score ®
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52/100
Bike Score ®
Location
- City Paducah, KY
- Neighborhood Massac
- Zip Code 42003
Points of Interest
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BP Gas Station
0.07 miles
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Banks Market Fuel
0.34 miles
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Hucks
0.62 miles
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Marathon Gas
0.84 miles
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BP
1.47 miles
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Murphy USA
2.90 miles
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Exxon
3.13 miles
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McCracken County Courthouse Parking
4.80 miles
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Public Parking
4.97 miles
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City Hall Parking
5.01 miles
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Country Inn & Suites
2.77 miles
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Quality Inn & Suites
2.79 miles
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Holiday Inn Express & Suites
2.89 miles
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Drury Inn & Suites
2.89 miles
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Courtyard
2.93 miles
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Auburn Place
2.93 miles
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Motel 6
2.96 miles
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Pear Tree Inn
2.97 miles
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Hotel 7 Inn
3.09 miles
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Days Inn
3.12 miles
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Banks Market
0.28 miles
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Village Crossing
2.62 miles
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Walmart Supercenter
2.82 miles
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TJ Maxx
2.87 miles
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ALDI
2.98 miles
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Olivet Church Crossing
3.17 miles
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Kohl's
3.19 miles
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Dillard's
3.19 miles
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Ross
3.19 miles
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Kentucky Oaks Pavilion
3.19 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.