103 Barnes Rd Williamstown, KY 41097-9468

This fee-simple, 16,385 square-foot shopping center in Williamstown, Kentucky, offers a compelling investment opportunity. Anchored by a credit-rated DaVita Dialysis clinic, the property boasts 95% occupancy and a strong NOI of $186,389, resulting in an 8.53% cap rate. The six-unit center features a mix of medical and neighborhood service tenants, providing diversified income streams. Built in 2008, the property sits on a 2.34-acre lot with commercial zoning. The lease structure is net-net, with staggered lease rollovers and built-in rent increases. Its convenient location, less than a quarter-mile from I-75, ensures high visibility and accessibility, serving the suburbs of both Cincinnati and Lexington. The property's strong tenant mix, including a major credit-rated anchor tenant, presents a stable and attractive investment profile for a 1031 exchange. The asking price is $2,145,000.