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2620 Perkins Creek Dr
Paducah, KY 42001
Department of Veteran Affairs · Office Property For Sale
Investment Highlights
- In 2017, the VA established operations at this location, delivering a full build-out to conform with rigorous federal government specifications.
- Serves a regional veteran population across western Kentucky and southern Illinois.
- VA leases have demonstrated historically high renewal rates, generally ranging between 80% and 90%.
- The facility operates as a Community-Based Outpatient Clinic (CBOC), providing primary care, mental health services and more.
- Functions as a key rural healthcare hub with a multi-state catchment spanning KY, IL, MO, and parts of TN.
- The property is conveniently located within approximately 10 minutes of 2 major hospitals, Baptist Health Paducah and Lourdes Hospital.
Executive Summary
We are pleased to exclusively offer for sale the 11,500 SF Department of Veteran Affairs facility located at 2620 Perkins Creek Drive in Paducah, KY. The property operates as a Community-Based Outpatient Clinic (CBOC), delivering primary care, mental health services, and a variety of specialty outpatient services. The clinic is supported by seven providers across approximately 9 specialties, ensuring consistent patient demand and essential healthcare services for the surrounding community, providing for a strong and stable investment opportunity.
In Cooperation With ParaSell, Inc. , A Licensed Kentucky Broker - Lic. #260997 BoR: Scott Reid - Lic. KY #260934
In Cooperation With ParaSell, Inc. , A Licensed Kentucky Broker - Lic. #260997 BoR: Scott Reid - Lic. KY #260934
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
11,500 SF
Building Class
B
Year Built/Renovated
2007/2017
Price
$3,308,217 CAD
Price Per SF
$287.67 CAD
Cap Rate
9.75%
NOI
$322,550 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
11,500 SF
Building FAR
0.21
Lot Size
1.23 AC
Zoning
Commercial - Commercial
Parking
64 Spaces (5.57 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Security System
- Wheelchair Accessible
- Central Heating
- Drop Ceiling
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 086-20-00-022.08 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,651,688 CAD |
Property Taxes
Parcel Number
086-20-00-022.08
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,651,688 CAD
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