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350 Mammoth Cave Pky
Park City, KY 42160

Family Dollar / Dollar Tree Combo Store · Land For Sale · 0.85 AC

Investment Highlights

  • Lease Duration: 7+ Years Remaining on the Base Lease Term with Five (5) By 5-Year Option Periods
  • Seller Financing: Favorable Terms Available to Qualified Borrowers; Inquire with Broker for Details
  • Tenant Strength: Strong Corporate Guaranty by Investment Grade Tenant
  • $0.50 Per Square Foot (5%) Rent Increase at Each Option Period
  • Pricing: 7.65% Cap Rate Puts This Deal at the Top of the Range for Available Dollar Stores With 7+ Years Remaining
  • Dollar Tree Inc. Had a 7.88% Increase in Revenue in the Fiscal Year Ending 07/31/2023 and Has a S&P Credit Rating of BBB

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Total Lot Size 0.85 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-51
Land Assessment
$50,000
Improvements Assessment
$1,335,600
Total Assessment
$1,385,600

zoning

Zoning Code COMMERCIAL
COMMERCIAL
  • Listing ID: 30407557

  • Date on Market: 12/20/2023

  • Last Updated:

  • Address: 350 Mammoth Cave Pky, Park City, KY 42160

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