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DG Market 720 Slate ave

10,640 SF Retail Building Owingsville, KY 40360 $1,663,145 ($156/SF) 6.75% Cap Rate

Retail Buildings Kentucky Owingsville 720 Slate ave, Owingsville, KY 40360

Investment Highlights

  • DG “Market” Concept – Absolute NNN Lease
  • Market” Concept Provides Wider Selection of Produce and Grocery Items for Areas Relying on DG
  • Healthy Daily Traffic Counts in Excess of 7,500 Vehicles
  • Store Built in 2022 Leaving 13+ Years Remaining on Current Term
  • Located on Main Retail Corridor – Adjacent Tenants Include McDonald’s, Taco Bell, Dairy Queen and Subway
  • Part of Larger 28-Unit Kentucky Portfolio – Contact Agent for More Details

Executive Summary

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General Market in Owingsville, KY. The subject property was built in 2022. It is located on a main retail corridor and is adjacent to tenants including McDonald's, Taco Bell, Dairy Queen and Subway. This property is part of a larger 28-unit KY portfolio.
Cooperating Broker: Brian Brockman
Bang Realty, Inc | KY #204982
bor@bangrealty.com | (513) 898-1551

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
C
Year Built
2022
Price
$1,663,145
Price Per SF
$156
Cap Rate
6.75%
NOI
$112,262
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.00 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Links

1 of 1

PROPERTY TAXES

Parcel Number 043-00-00-037.00 Improvements Assessment $0
Land Assessment $0 Total Assessment $21,723

PROPERTY TAXES

Parcel Number
043-00-00-037.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$21,723
(817) 584-2000

Contacts

  • Listing ID: 31469488

  • Date on Market: 4/10/2024

  • Last Updated:

  • Address: 720 Slate ave, Owingsville, KY 40360

More public record information on 720 Slate ave, Owingsville, KY 40360

The Retail Property at 720 Slate ave, Owingsville, KY 40360 is currently available for sale. Contact Trinity Real Estate Investment Services, LLC for more information.

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DG Market | 720 Slate ave
(817) 584-2000 x

DG Market | 720 Slate ave

1/4

Cody Crist

(817) 584-2000

(817) 584-2000

Eric Kelley

(817) 328-5223

(817) 328-5223

Chance Hales

(806) 679-9776

(806) 679-9776

Branson Blackburn

(682) 233-5223

(682) 233-5223

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