NNN Healthcare
For Sale
$1,500,000
231 S 2nd St, Danville, KY 40422
Two adjacent freestanding buildings are fully subleased under an absolute NNN structure with a long-term master ground lease.
Property Size21,960 SF
Price / SF$68.31
Days on Market158
Property Features for 231 S 2nd St
General Information
Standard status
Active
Size
21,960 SF
Property subtype
Investment
Zoning
CB
Occupancy
100%
Additional Details
Anchor Co-Tenants
CVS Pharmacy, Ephraim McDowell Regional Medical Center
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
Colliers
(502) 299-0548
Listed By:
Reed Weinberg · License #60187
(502) 299-0548
Source:
Kcrea.resimplifi
Added: Mar 24
Changed: Aug 28
Last Checked: Aug 28 at 6:46AM
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 Colliers
Investment Insights
Based on property information with market context.
This 21,960-square-foot NNN property includes two adjacent freestanding buildings in Danville, Kentucky. The assets are occupied by CVS Pharmacy and Ephraim McDowell Regional Medical Center, with both facilities serving healthcare-related uses. The property carries CB zoning and is structured under a master ground lease extending through 2075.
The buildings are 100% subleased under absolute NNN lease terms, placing property-level operating responsibilities with the tenants. The address is 231 S 2nd St, Danville, KY 40422, near the hospital campus and along a high-traffic corridor. The configuration combines two separate buildings, established healthcare occupancy, and a long-duration leasehold interest in a single offering.
The buildings are 100% subleased under absolute NNN lease terms, placing property-level operating responsibilities with the tenants. The address is 231 S 2nd St, Danville, KY 40422, near the hospital campus and along a high-traffic corridor. The configuration combines two separate buildings, established healthcare occupancy, and a long-duration leasehold interest in a single offering.
Key Highlights
- 21,960‑square‑foot property with two adjacent freestanding buildings
- Long‑term ground lease interest through 2075
- 100% subleased to CVS Pharmacy and Ephraim McDowell Regional Medical Center
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,152
Businesses Nearby
Explore this area
Business Placement
Demographics for 40422, KY
25,918
Population
10,627
Households
2.4
Avg Household Size
41
Median Age
29%
College-Educated
92%
High-School Grad
108.3 sq mi
ZIP Area
239
Density / Sq Mi
$60,926
Median Household Income
$36,910
Median Earnings
$774
Median Rent
$214,300
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?
NNN property - Two adjacent freestanding buildings are fully subleased under an absolute NNN structure with a long-term master ground lease.
Where is this nnn property located?
The property is located at 231 S 2nd St Danville, KY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 21,960‑square‑foot property with two adjacent freestanding buildings; Long‑term ground lease interest through 2075; 100% subleased to CVS Pharmacy and Ephraim McDowell Regional Medical Center
