234 Natchez Trace Avenue

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234 Natchez Trace Avenue

Bowling Green, KY 42103
Asking Price
$2.90M
Cap Rate
6.75%
Asset Type
Storefront Retail
Class
Class B

What's Special

Corporate NNN Lease with 1.5% Annual Increases | 118,225 Residents in Trade Area <p><strong>SECURE STREAM OF INCOME</strong></p><ul><li>​<strong>Recently Executed 10-Year Extension</strong> - Nearly 8 years remaining on base term, MB2 partnered with practice in 2023</li><li>​<strong>​NNN Lease with 1.5% Annual Increases</strong> - Brand new 2021 construction with minimal landlord responsibilities</li><li>​<strong>Corporate Guaranteed Lease with MB2</strong> - 800+ locations in 43 states with 1,900+ doctors included in the dental partnership organization</li><li>​<strong>MB2

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NOI
$80,000
Cap Rate
2.76%
DSCR
0.46
Underwater
Cash-on-Cash
-10.59%
Monthly Payment
$14,337.723
Annual Cash Flow
$-92,052.674

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