2943 Fort Campbell Blvd Hopkinsville, KY 42240

Listing agency Trinity Real Estate Investment Services b***@trinityreis.com

Listed by Branson Blackburn · License #TX 611825

Source Crexi

Added: Apr 10 Updated: Jul 21 at 11:52AM Checked: Jul 21 at 11:52AM

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Investment Insights

Based on property information with market context.

This new construction NNN retail building is offered with a 15-year absolute net lease structure and a corporate guaranteed lease. The lease includes a rent increase of 10% every five years, with rent commencing in December 2016.

The property is positioned for visibility and access from Fort Campbell Blvd and Pennyrile Pkwy, with combined traffic counts of 41,500 vehicles. The location is described as being within a retail corridor featuring Walmart and JCPenney, among other retailers, and First Care is noted as planning 9 locations throughout Kentucky by Q1 2017.

Key Highlights

• 15‑year absolute NNN corporate‑guaranteed lease commenced Dec. 2016
• Corp guaranteed lease includes 10% rent increase every 5 years
• Property has excellent visibility and access from Fort Campbell Blvd and Pennyrile Pkwy

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FAQs

What type of property is this?

Retail space - 15-year absolute NNN corporate-guaranteed lease commenced in Dec. 2016.

Where is this retail space located?

The property is located at 2943 Fort Campbell Blvd Hopkinsville, KY.

What are key features of this property?

This property features: 15‑year absolute NNN corporate‑guaranteed lease commenced Dec. 2016; Corp guaranteed lease includes 10% rent increase every 5 years; Property has excellent visibility and access from Fort Campbell Blvd and Pennyrile Pkwy