Dollar General | 1160 W Water St
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Dollar General 1160 W Water St
10,640 SF Retail Building Flemingsburg, KY 41041 $1,650,960 ($155/SF) 6.65% Cap Rate
Investment Highlights
- Absolute NNN Lease Dollar General
- Strategically Located Near Many National Credit Retailers, Apartments, and Schools Generating Additional Customer Traffic to the Area
- Zero Landlord Responsibilities
- Store Opened in March 2024 Leaving Almost 15 Years of Term of Current Lease
- Situated at Intersection of Maysville Road and KY 57 – Generating over 11,000 VPD in Front of Subject Property
- Part of Larger 28-Unit KY Portfolio – Can be Purchased Together or Individually – Contact Agent for More Information
Executive Summary
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General in Flemingsburg, KY. The subject property opened in March 2024 leaving almost 15 years on current lease. It is situated at the intersection of Maysville Road and KY 57 with 11,000 VPDs and is strategically near many national credit retailers, apartments and schools. This property is part of a larger 28-unit KY portfolio which can be purchased together or individually.
Broker of Record: Brian Brockman
Bang Realty, Inc | KY #204982
bor@bangrealty.com | (513) 898-1551
Broker of Record: 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
$1,650,960
Price Per SF
$155
Cap Rate
6.65%
NOI
$109,789
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.67 AC
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $100,000 | |
| Land Assessment | $350,500 | Total Assessment | $450,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$350,500
Improvements Assessment
$100,000
Total Assessment
$450,500
Contacts
-
Cody Crist -
Eric Kelley -
Chance Hales -
Branson Blackburn -
Trinity Real Estate Investment Services, LLC
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Dollar General | 1160 W Water St
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