Listed by Retail Investment Group LLC
$1,291,500
DARK - Medical Office - Owner/User - Former Urgent Care
Details
APN M-31-2-20
Property Type Retail, Office
Sub Type Pharmacy/Drug, Medical Office
Square Footage 3,600
Units 1
Cap Rate 8.00%
NOI $103,320
Tenancy Vacant
Brand/Tenant Fast Pace Urgent Care, Fast Pace Health
Lease Expiration 01/31/2027
Remaining Term 0.6
Broker Co-Op Yes
Year Built 2016
Year Renovated 2023
Buildings 1
Stories 1
Acreage 0.930
Zoning General Commercial
Investment Type Owner/User
Ground Lease No
Ownership Fee Simple
DARK (Vacant paying rent) - Medical Office - For Sale or Lease - Owner-User Opportunity
Marketing description
Retail Investment Group & Bang Realty are pleased to offer for sale this Vacant Fast Pace Health in Madisonville, Kentucky. Built in 2016 and remodeled in 2023, this ±3,600-square-foot building sits on a ±0.93 acre lot.
Investment highlights
Prior tenant has already vacated the premises and will be paying rent through lease expiration.
Monthly rent ($8,610) to be paid out each month through January 31st, 2027
Main Street is being widened to a (4) four lane road showing Madisonville’s economic confidence in the area
High traffic counts with over 20,000 vehicles per day on Main Street
About 50 miles from Evansville, Indiana with an estimated population of over 115,000 residents as of 2024
Listing Contacts
Listed by Retail Investment Group LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$103,320.00
$8,610.00/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
Map
Zoning
GC CommercialGeneral CommercialGeneral Commercial
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View all 13 uses
View all 13 uses Last updated Apr 2, 2026 For deeper zoning details, reports are available at Zoneomics
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