1776 KY 121, Mayfield, KY
Sale leaseback/Repositioning Opportunity
Marketing description
Trifecta Real Estate and BellCornerstone are pleased to present this sale-leaseback opportunity for the property located at 1776 KY-121 in Mayfield, Kentucky. This asset currently operates as a hardware store and offers exceptional visibility and scale for a wide range of commercial uses.
Property Overview
The property comprises a 38,000-square-foot freestanding building on a 4.71-acre lot. Originally built in 1984, the facility is designed to accommodate both retail and light-industrial warehousing operations. The ideal fit is a combination of storefront and warehousing/distribution. There is also an outdoor capacity of 8,200 SF, including covered outdoor storage and loading capabilities, with one loading dock and three dock-high doors. Plus, ample on-site parking with 107 spaces.
Strategic Location & Visibility
Located along a main commercial corridor, this property is ideally positioned for users seeking a high-profile presence in Western Kentucky. The site benefits from its proximity to major national anchors, local hubs, and nearby retailers, including a Walmart Supercenter and Lowe’s Home Improvement, as well as the Wyatt Crossing Shopping Center, Mayfield Marketplace, and Towne Center.
Sale-Leaseback Opportunity
Currently 100% occupied by a single user, Mayfield Hardware and Lumber, this deal offers space and value-add flexibility for a new owner. The current user prefers to vacate up to 50% of the building (19,000 SF), allowing an investor to bring in a second tenant.
Investment highlights
Legal Tenant: Mayfield Hardware and Lumber
Lease Type: Negotiable
Roof: Negotiable
Structure: Negotiable
Ownership Interest: Fee Simple
Requested Lease Term: 5 Years
Requested Lease Rate: Negotiable (Mkt $3-5/PSF)
Requested Leased Area: 19,000
Rent Increases: Negotiable
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