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Morgantown, KY NNN Properties for Sale

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Walgreens NNN Property For Sale
Updated: Feb 3
Walgreens NNN Property For Sale

205 W G L Smith St, Morgantown, KY 42261

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10,752 sqft 1.52 AC lot
NNN lease with $151,563 yearly rental income.
CAP rate of 6.06% with a sales price of $2,500,000.
Lease expires September 30, 2027, with options for additional terms.
Located in Morgantown, Kentucky, the county seat of Butler County.
High traffic location with over 5,600 vehicles per day.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Morgantown, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Restaurant with Parking
Freestanding Restaurant with Parking

701 Campbell Ln, Bowling Green, KY 42104

$6,386,093
8,342 sqft 2.78 AC lot

A Darden-guaranteed absolute NNN lease includes annual rent increases and four five-year extension options.

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Subway Freestanding Restaurant
Subway Freestanding Restaurant

1210 Southtown Blvd, Owensboro, KY 42301

$800,000
2,220 sqft

A new NNN lease provides four renewal options and assigns no landlord responsibilities.

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Freestanding Subway Drive-Thru Restaurant
Freestanding Subway Drive-Thru Restaurant

3119 Frederica St, Owensboro, KY 42301

$800,000
1,200 sqft 0.30 AC lot

Freestanding Subway restaurant with absolute NNN lease, 15-year term and four five-year renewal options.

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Car Wash
Car Wash

763 Bakerfields Way, Bowling Green, KY 42104

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A triple-net lease began in September 2023 and provides for annual rent escalations.

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Morgantown, KY Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Morgantown, KY on our real estate platform. These investment opportunities span a total of 10,752 square feet of properties for sale.

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Demographics Overview

Population 9,725
Population Growth (5Y) -9.7%
Median Household Income $49,219
College Educated 14.5%

Taxes & Financing

Tax Rate (average for all types) 0.95%
Property Tax per SF $19.32 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Butler County

New Delisted

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