354 Mayo Trl, Paintsville, KY 41240
30,000 SF | Retail Building | Paintsville, KY 41240 | $6,428,571 ($214/SF) | 7% Cap Rate
Asking Price $6,428,571
- Property Type
-
Retail
- Square Feet
- 30,000 SF
- Price / Square Foot
- $214
Listing Contacts
- Property Info
Property Overview
Exclusive Presentation by Marcus & Millichap: 354 North Mayo Trail, Paintsville, Kentucky. We are delighted to present an exclusive opportunity to invest in a medical office facility situated in a prime location. King’s Daughter will occupy 30,000 SF of clinical space offering a variety of medical services including primary care, urgent care, family medicine, etc. The property is currently under construction with tenant improvements and is expected to be completed and open for business in May 2024.
King’s Daughters Health provides a wide rand e of medical services throughout its sixty-plus facilities in Kentucky, Ohio and West Virginia, including behavioral medicine, cardiology, cancer care, CT scans, Diabetes education, digestive health, family medicine, electrophysiology, general surgery, gynecology, vascular medicine, IV therapy, neurology, pediatrics, plastic and reconstructive surgery, rehab services, urology, sleep medicine, weight loss and more. King’s Daughters medical facility in Paintsville will offer urgent and immediate care to adults and children, and will include women’s services, a women’s diagnostic imaging suite, general diagnostic imaging, primary care clinic, specialty care clinic, and support areas. Effective December 1, 2022, Ashland-based King’s Daughters (KD), the largest employer in northeastern Kentucky, officially became part of the University of Kentucky today – a move that will create greater access to high-quality care for more Kentuckians.
King’s Daughters Health provides a wide rand e of medical services throughout its sixty-plus facilities in Kentucky, Ohio and West Virginia, including behavioral medicine, cardiology, cancer care, CT scans, Diabetes education, digestive health, family medicine, electrophysiology, general surgery, gynecology, vascular medicine, IV therapy, neurology, pediatrics, plastic and reconstructive surgery, rehab services, urology, sleep medicine, weight loss and more. King’s Daughters medical facility in Paintsville will offer urgent and immediate care to adults and children, and will include women’s services, a women’s diagnostic imaging suite, general diagnostic imaging, primary care clinic, specialty care clinic, and support areas. Effective December 1, 2022, Ashland-based King’s Daughters (KD), the largest employer in northeastern Kentucky, officially became part of the University of Kentucky today – a move that will create greater access to high-quality care for more Kentuckians.
Property Details
- Class
- C
- Year Built/Renovated
- 1992/2023
- Stories
- 1
- Property Subtype
- Storefront
- Lot Size (sq. ft)
- 420,354 SF
Highlights
- 30,000 SF | 9.65 AC
- Absolute NNN Lease | 10.00% Increase
- Lexington MSA
- 5-Mile Population: 131,191
- 5-Mile HH Income: $53,659
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].