Single-Tenant Home Improvement
For Sale
Contact for pricing
Pending
527 N Mayo Trail, Paintsville, KY 41240
Lowe’s Home Improvement Center on a 13.05-acre site with a corporately guaranteed absolute triple-net ground lease.
Property Size109,440 SF
Lot Size13.05 Acres
Days on Market121
Property Features for 527 N Mayo Trail
General Information
Standard status
Pending
Size
109,440 SF
Lot size
13.05 Acres
Property subtype
Retail
Listing Agency:
The Kase Group
(415) 269-2474
Listed By:
Jacob Abusharkh · License #CA 01385529
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Aug 8 at 2:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Kase Group
Investment Insights
Based on property information with market context.
The offering is a single-tenant Lowe’s Home Improvement Center totaling 109,440 square feet, situated on 13.05 acres. The property is delivered under a fee simple absolute triple-net ground lease that is corporately guaranteed by Lowe’s Companies Inc. (NYSE: LOW). The lease includes zero landlord obligations, with 7 years remaining on the initial term and scheduled rental increases of 5% in each of the six 5-year option periods.
The center is located on a highly trafficked commercial thoroughfare and positioned in Paintsville’s main retail corridor serving a trade area population of nearly 70,000.
This is a long-term, single-tenant NNN ground lease structure with scheduled rent escalations during the option periods.
The center is located on a highly trafficked commercial thoroughfare and positioned in Paintsville’s main retail corridor serving a trade area population of nearly 70,000.
This is a long-term, single-tenant NNN ground lease structure with scheduled rent escalations during the option periods.
Key Highlights
- 109,440 SF Lowe’s Home Improvement Center on 13.05 acres in Paintsville, Kentucky
- Fee simple ground lease is corporately guaranteed by Lowe’s Companies Inc. (NYSE:LOW)
- Absolute triple‑net ground lease with zero landlord obligations
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
325k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 27%
Shops & Services 26%
Superstores 22%
Apparel 9%
Walmart
Superstores
72,248 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
29,211 visits/mo
0.1 miles
Ollie's Bargain Outlet
Shops & Services
28,871 visits/mo
0.2 miles
McDonald's
Dining
27,914 visits/mo
0.4 miles
Five Below
Shops & Services
24,244 visits/mo
0.3 miles
Demographics for 41240, KY
6,279
Population
3,225
Households
1.9
Avg Household Size
43
Median Age
15%
College-Educated
84%
High-School Grad
36.9 sq mi
ZIP Area
170
Density / Sq Mi
$41,000
Median Household Income
$32,167
Median Earnings
$685
Median Rent
$159,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Lowe’s Home Improvement Center on a 13.05-acre site with a corporately guaranteed absolute triple-net ground lease.
Where is this retail space located?
The property is located at 527 N Mayo Trail Paintsville, KY.
What are key features of this property?
This property features: 109,440 SF Lowe’s Home Improvement Center on 13.05 acres in Paintsville, Kentucky; Fee simple ground lease is corporately guaranteed by Lowe’s Companies Inc. (NYSE:LOW); Absolute triple‑net ground lease with zero landlord obligations
