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Family Dollar - Eminence, KY 63 Depot Ave
9,100 SF Retail Building Eminence, KY 40019 $775,000 ($85/SF) 9.51% Cap Rate
Investment Highlights
- Single Tenant Free Standing Family Dollar - Located in Eminence, KY
- Surrounding Demographics - 2,000+ People Reside within 1 Mile Radius of Site and 3,500+ People Reside within 3 Mile Radius of Site
- Situated on Hard Corner Experiencing 7,000+ Vehicles Passing Site Daily Along S Main St and 4,000+ Vehicles Passing Site Daily Along E Broadway
- NN Lease Structure with Minimal Landlord Responsibilities
- Projected +1.21% Population Growth in the Next Five Years within 3 Mile Radius of Site
Executive Summary
KY
1.3mm in sales (2023) Healthy 5.6% Rent to Sales Ratio
Louisville, KY MSA - Top 50 - Ranked #45 in the U.S.A
NN Lease Structure with Minimal Landlord Responsibilities
Surrounding Demographics - 2,800+ People Reside within 1 Mile
Radius of Site and 3,800+ People Reside within 3 Mile Radius of
Site
Projected +2.37% Population Growth in the Next Five Years within
1 Mile Radius of Site
Property Facts
Amenities
- Pylon Sign
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Retailer
- 9,100 SF
- -
- Double Net
- Jun 2027
Family Dollar is a place to shop when it comes to delivering quality and value on family essentials in a convenient location. Their stores are conveniently located in neighborhoods, and often in "food deserts" where other stores choose not to locate, providing a convenient, close-to-home option where customers can shop for essentials. By locating stores in places where others won’t, Family Dollar is improving the affordability and availability of essential goods. They are saving their customers time and money and helping them do more, even on a tight budget. Their Family Dollar stores focus on delivering top value for family essentials. They offer competitively-priced national brands from leading manufacturers alongside brand-name, equivalent-value, lower-priced private labels. Their aisles are stocked with food and beverages, paper products, health & beauty supplies, pet food, home products, apparel and accessories, etc.
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Retailer | 9,100 SF | - | Double Net | Jun 2027 |
PROPERTY TAXES
Parcel Number | 030-30-02-002.00 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $775,000 |
PROPERTY TAXES
Presented by
Family Dollar - Eminence, KY | 63 Depot Ave
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