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DG Market 1067 US-42

10,640 SF Retail Building Bedford, KY 40006 $1,860,275 ($175/SF) 6.65% Cap Rate

Investment Highlights

  • New Development Dollar General Market With Full 15-Year Primary Term
  • Absolute NNN Lease Requiring Zero Landlord Responsibilities
  • Limited Retail Competition - Primary Source of Retail Goods in the Area
  • Attractive 5% Rental Increases Every 5 Years Throughout Primary & Option Periods
  • Corporately Guaranteed Lease
  • 46 Miles Away From Downtown Louisville, is the Most Populous City in Kentucky With 600K+ Residents

Executive Summary

Cooperating Broker: Brian Brockman
Bang Realty, Inc | KY #204982?
bor@bangrealty.com | (513) 898-1551

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Year Built
2024
Price
$1,860,275
Price Per SF
$175
Cap Rate
6.65%
NOI
$123,708
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.00 AC
  • Listing ID: 31808202

  • Date on Market: 5/15/2024

  • Last Updated:

  • Address: 1067 US-42, Bedford, KY 40006

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