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107 Waterford Dr. 107 Waterford Dr

1,023 SF Office Building Oak Grove, KY 42262 £343,215 (£335/SF) 8.26% Net Initial Yield

Investment Highlights

  • Close to Gate 4
  • lot of room to grow.
  • ADA Compliant

Executive Summary

KW Commercial | Clarksville is pleased to exclusively present a rare investment offering grandfathered B2 Zoning office space 1036sf- 3 full size offices, wifh sliding window, 2 full bathrooms. Full kitchen and washer dryer set up. The Location has Handicap accessible ramp with entry to the right side, and entire lot has been concreted for ease of use. Full drive around, and Additional building located in the back with 3 car garage pull ups, and the third door converted into more office areas. 3/4 additional rooms and a full size bath, Hvac, plumbing, and also electric has been connected. Traffic count near by on fort Campbell has 37k and other end shows 26k cars
Private Remarks: lockbox for front office 0143 located on the backdoor, and lockbox for the back building 1943 located on the frontdoor. Back building electricity has been turned off, but everything does work fine
Special Terms: Building in the rear has not been completed due to having listed for sale. It will be finished out once contractor is free, and current vehicle, storage items to be moved prior to sale.
Offering a 30k Seller Concessions towards repairs on center building, or if completed, we can remove concessions.
Interactive 360 property viewer.
https://jameschurchrealtor.viewin360.co/share/53nZR?logo=1&info=0&fs=1&vr=1&sd=1&initload=0&thumbs=1

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Office
Building Size
1,023 SF
Building Class
C
Year Built/Renovated
1997/2019
Price
£343,215
Price Per SF
£335
Net Initial Yield
8.26%
NOI
£28,357
Tenancy
Single
Number of Floors
1
Typical Floor Size
1,023 SF
Building FAR
0.04
Land Acres
0.66 AC
Zoning
B-2 - Grandfathered from B-2 Commerical Zoning
  • Listing ID: 32554797

  • Date on Market: 23/07/2024

  • Last Updated:

  • Address: 107 Waterford Dr, Oak Grove, KY 42262

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