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Property summary
Exceptional investment opportunity: a 23,500 square foot American Freight Furniture storefront in Paducah, Kentucky. This fee-simple property boasts a strong, national corporate tenant with a 15.1-year lease (8.9 years remaining) commencing September 1, 2018, and expiring September 30, 2033. The lease is a Net Lease (NN+) with a corporate guarantee, ensuring consistent income. The property features a 7.75% cap rate and a current NOI of $217,180, with a significant 21% rent increase built into… the first option, boosting the cap rate to 9%. The asking price is $2,802,000 ($119.23/sq ft). Built in 2018, this single-unit building sits on a 2.79-acre lot and includes a metal roof and concrete lot. The property benefits from its strategic location in Paducah, a county seat within a metropolitan area exceeding 100,000 residents, situated midway between Nashville and St. Louis. This area is a hub for logistics, shipping, manufacturing, and transportation, with easy access to I-24 and the I-69 corridor. The property enjoys shadow-anchoring by the high-performing Kentucky Oaks Mall (5.7 million annual visitors), further enhancing its visibility and appeal. American Freight, owned by Franchise Group, Inc. (a company with $4.93 billion in 2023 revenue), has a strong national presence with over 370 locations across 40 states, providing stability and confidence in this investment. This below-market rent property presents a compelling opportunity for investors seeking a secure, high-return investment with significant upside potential.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Paducah market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Value Estimation
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- Cap Rate Calculation
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- Alternative use
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight