KY Dollar General | 6775 KY-7
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KY Dollar General 6775 KY-7
10,640 SF Retail Building Blackey, KY 41804 $1,322,370 ($124/SF) 7% Cap Rate
Investment Highlights
- Low Price Point Newer Development Dollar General With 13+ Years Remaining
- Large 2 Acre Parcel With a Concrete Parking Lot
- 5 Option Periods With 10% Rent Increases Every 5 Years
- Absolute NNN Lease Requiring Zero Landlord Responsibilities
- HVAC Fully Responsible by Tenant
- Limited Retail Competition - Store Serves as Source of Retail Goods
Executive Summary
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General in Blackey, KY. The store is on a large 2-acre parcel with a concrete parking lot.
Cooperating Broker - Brian Brockman - Bang Realty, Inc. - KY #204982
Cooperating Broker - Brian Brockman - Bang Realty, Inc. - KY #204982
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,640 SF
Year Built
2022
Price
$1,322,370
Price Per SF
$124
Cap Rate
7%
NOI
$92,565
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.99 AC
PROPERTY TAXES
Parcel Number | 5492 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $71,232 |
PROPERTY TAXES
Parcel Number
5492
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$71,232
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KY Dollar General | 6775 KY-7
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