2450 KY-2
Olive Hill, KY 41164
Dollar General Plus | Olive Hill, KY · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 7.0% Cap Rate
- NNN Lease
- High Traffic Interstate Location (I-64) - 12,500 VPD
- Annual Rent: $93,771
- Corporate Guarantee: Dollar General Corporation
- 3,000 VPD KY-2
PROPERTY FACTS
AMENITIES
- Wheelchair Accessible
- Air Conditioning
ABOUT 2450 KY-2 , OLIVE HILL, KY 41164
SVN Stone Commercial Real Estate is pleased to present this excellent Dollar General Plus investment opportunity in Olive Hill, KY. This property was built in 2022 and is subject to a 15-year NNN lease to Dollar General Corporation (BBB). This location is strategically located on KY-2 off of Exit 156 on 1-64. Traffic counts are 3,000 on KY-2 and 12,500 on I-64. Olive Hill, is best known for Carter Caves State Resort Park which brings tourists year-round. This investment opportunity is priced at a 7.0% cap rate and has over 13 years remaining on the initial term of the lease, with five 5-year options to renew. For additional information please contact Nathan Dilly at nathan.dilly@svn.com or 859-420-5492 or Weston Lockhart at weston.lockhart@svn.com or 859-317-3538.
PROPERTY TAXES
| Parcel Number | 021-00-00-061.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $73,360 |
