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1405 Gillock Avenue, Carrollton, KY 41008

$170,000
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640521MLS#

Home Value Estimate


Description

Investors, dont miss this prime investment opportunity in Carrollton, KY. This commercial property is currently in the 2nd year of a 5-year lease with annual 2 percent rent escalations (2026 lease amount: $1,530/month), providing reliable and growing income. Tenant pays utilities, lawn care, and snow removal, while the landlord covers taxes and insurance (Modified Gross Lease), helping keep ownership responsibilities minimal. The current tenant operates a therapy office, while past tenants have successfully used the space as a tanning salon, demonstrating the propertys versatility. The flexible layout is well-suited for professional offices,...read more

Features

  • Zoned
  • Vinyl
  • Heat Pump
  • 2.0 Stories
  • Public
  • Built in 2010

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