Published on: Monday, August 26, 2024
Updated on: Monday, October 21, 2024
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About the Lister
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Name: Ryan Bennett
Company: NNN Investment Group
Office Phone: 760-448-2449
Cell Phone: 760-519-0240
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  American Freight; Paducah | Kentucky
3521 James Sanders Blvd. Paducah Kentucky , 42001
3521 James Sanders Blvd. Paducah Kentucky                                                                                            , 42001  NNN Investment Group
Listing ID: CL-Kentucky-11554

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 7.5
Net Operating Income: $217,180.00
Commission Split (%): 0
Quick Glance
Listing ID: CL-Kentucky-11554
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: 100%
Year Build: 2018
Building Size: 23,500.00 SqFt
Lot Size: 121,532.00 SqFt.
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Lee & Associates is pleased to present American Freight Furniture an investment opportunity for a qualified investor Lee & Associates is pleased to present American Freight Furniture & Appliance, a leading national brand with a robust presence across 40 states and over 370 locations.
Complete Details
Year Build: 2018
Building Size: 23,500 SqFt.
No of Stories: 1
Total Lot Area: 121532 SqFt.
No of Parking: N/A
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 100%
Full Description
Lee & Associates is pleased to present American Freight Furniture an investment opportunity for a qualified investor Lee & Associates is pleased to present American Freight Furniture & Appliance, a leading national brand with a robust presence across 40 states and over 370 locations. Situated in Paducah, Kentucky, this property offers an advantageous location in a bustling metropolitan area strategically positioned halfway between the major hubs of Nashville and St. Louis. With over 370 locations nationwide, American Freight boasts a strong brand presence and consistent revenue performance. THis opportunity offers investors stable income streams with minimal landlord responsibilities. Additionally, the lease is priced below replacement cost, enhancing its investment appeal. A well-located retail property with a nationally recognized tenant, favorable lease terms, and significant growth potential.
Additional Properties
Property Highlights
  • American Freight Furniture & Appliance | Strong Revenue | National Presence | 370+ Locations Across 40 States
  • American Freight Owned by Franchise Group, Inc. | $4.93 Billion 2023 Revenue
  • Below Market Rent | Priced Below Replacement Cost | Significant 21% Rent Increase in First Option
  • Shadow Anchored by High Performing Kentucky Oaks Mall (5.7 M Annual Visitors) | Anchored by Kohls, Ross, Dick’s Sporting Goods, Best Buy, Dillard’s, Home Goods, Old Navy
  • Paducah, Kentucky | County Seat with Strategic Location | Metropolitan Area of over 100,000 | Located Halfway Between Nashville & St. Louis
  • A Logistics, Shipping, Manufacturing, & Transportation Hub | Access to I-24 and the I-69 Corridor Nearby
Actual - Cash Flow
Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2024
$0.00
$0.00
$0.00
$217,180.00
$0.00
0%
Cash Flow for Current Listings
Listing Location
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2440 W Thomas Rd , Phoenix Arizona                                                                                              85015
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3178 E Camelback Rd , Phoenix Arizona                                                                                              85016
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5900 South Cooper Street , Arlington Texas                                                                                                76017
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3230 West Lane , Stockton California                                                                                           95204
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305 Meadowbrook Rd , Jackson Mississippi                                                                                          39206