General Dynamics | Corp NNN | Long Term | 207 Hospital Dr
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
General Dynamics | Corp NNN | Long Term 207 Hospital Dr
34,000 SF Office Building Barbourville, KY 40906 £4,043,702 (£119/SF) 8% Net Initial Yield
Investment Highlights
- Corporate Guaranteed | Options To Extend | Long Term Occupancy |Well-Known & Established Tenant
- Nearby National Tenants | US Hwy 25E (26,600 VPD) | Oversized Lot
- NNN | Fee Simple Ownership | Limited Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN, corporate guaranteed, freestanding, General Dynamics Information Technology investment property located in Barbourville, Kentucky. The tenant has occupied the site for 25 years and has 1-year remaining on its lease with 1 (6-month) and 1 (1-year) option to extend. The lease features a 5% rental increase at the beginning of the second option period and is NNN, with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. General Dynamics Information Technology is a global technology and professional services company that provides consulting and mission services to every major agency across the U.S. government, defense, and intelligence community. It’s parent company, General Dynamics (NYSE: GD), has a market cap of $76.68 billion.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Data Centre
Building Size
34,000 SF
Building Class
C
Year Built
1999
Price
£4,043,702
Price Per SF
£119
Net Initial Yield
8%
NOI
£323,470
Tenancy
Single
Number of Floors
1
Typical Floor Size
34,000 SF
Building FAR
0.16
Land Acres
4.75 AC
Zoning
General Commercial
Parking
375 Spaces (11.03 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 of 1
PROPERTY TAXES
Parcel Number | 090-40-04-044.01 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £1,923,160 |
PROPERTY TAXES
Parcel Number
090-40-04-044.01
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,923,160
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
General Dynamics | Corp NNN | Long Term | 207 Hospital Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.