Listed by Trinity Real Estate Investment Services, Bang Realty
$799,945
Family Dollar
Details
Property Type Retail, Special Purpose
Sub Type Convenience Store, Grocery Store
Square Footage 9,180
Units 1
Cap Rate 9%
NOI $71,994
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree
Lease Type NN
Lease Term 20
Lease Expiration 06/30/2027
Remaining Term 1
Rent Bumps Yes
Lease Options Two (2), 5-Year
Price per SqFt $87
Year Built 2007
Buildings 1
Acreage 1.450
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/01/2007
Ground Lease No
Ownership Fee Simple
Retail | 9.00% CAP | 9,180 SqFt
Marketing description
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Family Dollar in Clay City, KY. This property offers 1 year remaining on the current term with an NN lease featuring minimal landlord responsibilities and is available for individual purchase or as part of a larger portfolio.
Property Website: https://trinityreis.com/listing/5645-main-st/
In cooperation with Brian Brockman at Bang Realty. Inc | KY #204982 | [email protected] | (513) 898-1551
Investment highlights
- Family Dollar Store With 1 Year Remaining on Current Term
- NN Lease With Minimal Landlord Responsibilities
- Healthy Demographics With 9,000+ Residents Within a 5-Mile Radius
- Limited Local Retail Competition, Store Serves the Retail Needs of the Immediate Area
- Great Visibility Along Main Thoroughfare With 7,000+ VPD
- 42 Miles Away From Downtown Lexington, the Second-Most-Populous City in KY With an MSA Population Over 500K+ Residents
- Available for Individual Purchase or as Part of a Larger Portfolio - Contact Agent for More Details
Listing Contacts
Listed by Trinity Real Estate Investment Services, Bang Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$71,994.00
$5,999.50/mo
Valuation Metrics
0
DSCR
9%
Cap Rate
9%
ROI
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