805 Commerce Drive

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805 Commerce Drive

Leitchfield, KY 42754
Asking Price
$1.90M
Asset Type
Medical Office Office
Class
Class B

What's Special

Warehouse building for Sale, 28,800 Square feet mixed use, office and warehouse <p>This building was formerly a warehouse shell that was remodeled in 2015 which included New metal exterior skin, HVAC, and office portioning, electrical and plumbing. The building is currently occupied by the seller's company Communicare with plans to move upon the sale. There is a tenant occupying 12,060 square feet of warehouse space. They are on a month to month lease. The building can be divided into three separate sections and leased to accordingly with great potential income. </p>

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NOI
$80,000
Cap Rate
4.21%
DSCR
0.71
Underwater
Cash-on-Cash
-5.75%
Monthly Payment
$9,400.163
Annual Cash Flow
$-32,801.96

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