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23548799
23548800

1575 Hwy 30, Jackson, KY 41339

CC
TX 697980
Trinity Real Estate Investment Services
EK
TX 9007104
Trinity Real Estate Investment Services
CH
TX 597585
Trinity Real Estate Investment Services
BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
Listed by Trinity Real Estate Investment Services, Bang Realty
$1,452,310
50 days on market
Updated 50 days ago

Dollar General - Jackson, KY

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 10,640
Units 1
Cap Rate 6.5%
NOI $94,400
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree (+3)
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 04/29/2037
Remaining Term 10.9
Rent Bumps Yes
Lease Options Five (5), 5-Year; 10%
Price per SqFt $137
Year Built 2022
Buildings 1
Acreage 1.990
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 04/07/2022

Retail | 6.5% CAP | 10,640 SF

Marketing description

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General in Jackson, KY. The subject property is a large 10,640 SF building and has 11+ years remaining on primary term.

Property Website: https://trinityreis.com/listing/1575-hwy-30/

In cooperation with Brian Brockman at Bang Realty. Inc | KY #204982 | [email protected] | (513) 898-1551

Investment highlights

  • 2022 Dollar General in Jackson, KY With 11+ Years Remaining on Primary Term

  • Absolute NNN Lease Requiring Zero LL Responsibilities

  • 10,640 Square Foot Prototype Designed to Accommodate a Larger Volume of Customers

  • Situated at the Intersection of Highway 30 and Beattyville Rd With Combined Traffic Counts of 5,000+ Vehicles Passing Daily

  • Healthy Demographics for a Dollar Store, With 5,000+ Residents Within a 5-Mile Radius

  • Strong Corporate Guaranty by Dollar General Corporation, With an S&P Credit Rating of BBB and Operates 20,000+ Locations

Listing Contacts

CC
TX 697980
Trinity Real Estate Investment Services
EK
TX 9007104
Trinity Real Estate Investment Services
CH
TX 597585
Trinity Real Estate Investment Services
BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
Listed by Trinity Real Estate Investment Services, Bang Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$94,400.00
$7,866.67/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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