3604 Highway 3630
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3604 Highway 3630
12,480 SF Retail Building Annville, KY 40402 $1,496,185 ($120/SF) 7% Cap Rate
Investment Highlights
- Absolute NNN Lease Dollar General "Market" Concept
- Stable and Viable Market With a Population of Over 5,000 Residents Within a 5-Mile Radius
- Zero Landlord Responsibilities
- Original 15-Year Lease With 13+ Years Remaining on Current Term – Store Built in 2022
- Market Concept Provides Customers with Larger Selection of Produce and Fresh Grocery Options
- Part of Larger 28-Unit KY Portfolio – Can be Purchased Together or Individually – Contact Agent for More Information
Executive Summary
Part of Larger 28-Unit KY Portfolio – Can be Purchased Together or Individually – Contact Agent for More Information
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
12,480 SF
Building Class
C
Year Built
2022
Price
$1,496,185
Price Per SF
$120
Cap Rate
7%
NOI
$104,733
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Land Acres
2.15 AC
Zoning
AA0
Frontage
254 FT on Kentucky 3630
PROPERTY TAXES
| Parcel Number | 71C-64 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $9,100 |
PROPERTY TAXES
Parcel Number
71C-64
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$9,100
-
Cody Crist -
Eric Kelley -
Chance Hales -
Branson Blackburn -
Trinity Real Estate Investment Services, LLC
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3604 Highway 3630
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