81 Glynview Plaza, Prestonsburg, KY 41653

FOOD CITY ANCHORED CENTER (LEASEHOLD) GROCERY-ANCHORED VALUE-ADD OPPORTUNITY

• The subject property is a 69,976 SF grocery-anchored shopping center in Prestonsburg, KY

• The center is anchored by a Super Dollar, a concept by Food City (Food City guarantee with 155 locations)

• The subject property is a leasehold interest with 27 years remaining

• Priced well below replacement cost $48.73

• Average Rent: $7.96

HIGH-PERFORMING GROCERY-ANCHORED TENANT FOOD CITY-BACKED (155 LOCATIONS)

• Super Dollar has occupied the site for nearly 40 years

• Backed by Food City, a strong regional grocery operator with 155+ locations across the Southeast

• Health Ratio: 2.2%

• 2024 Sales: $6.39M

STRATEGIC INTERSTATE LOCATION

• Prestonsburg serves as a regional hub in Eastern Kentucky with strong retail fundamentals

• The center is located near major national retailers, including Walmart, Lowe’s, and more

• Convenient access to US-23 and KY-114 drives consistent visibility and accessibility

HISTORY OF STRONG PERFORMANCE

• Average tenant tenure: 15+ years

• Nine tenants have exercised options to renew since 2023

PRESTONSBURG, KY

• Prestonsburg is a charming Appalachian town nestled in the foothills of Eastern Kentucky

• Located along the Levisa Fork of the Big Sandy River, offering scenic mountain views and outdoor recreation