Property summary
This exceptional 1,600 square foot retail space, located at 3429 Lone Oak Road in Paducah, Kentucky, presents a fantastic leasing opportunity. Currently configured as a fully equipped salon, this single-tenant space is situated within a larger 7,938 square foot building on a 1.25-acre lot. The property boasts six stylist stations, three shampoo bowls, two nail technician stations, a dedicated pedicure room, a restroom with a shower, and a storage room. Convenient washer/dryer hookups are also included. Built in 1997, this single-story building offers high visibility due to its prime location directly off Lone Oak Road in Sheraton Place, an area known for its high traffic volume. The current monthly lease rate is $1,700, totaling $20,400 annually. The existing salon equipment is available for purchase or may be included in a long-term lease agreement. The owner is open to customizing the space to suit the needs of a long-term tenant seeking office or retail use. This property is ideal for a variety of businesses seeking a well-appointed space in a high-traffic location. The zip code is 42003.
Property profile
VerifiedCap rate & NOI
Current use
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Dental Office
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Dental Office
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Insurance Agency
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Hair Salon Nail Salon
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Dental Office
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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