3 Locations

Marcus & Millichap is pleased to present a net leased investment opportunity consisting of three newer construction, corporate-guaranteed Dollar General stores in Kentucky. These properties feature absolute NNN leases with zero landlord responsibilities, providing passive income streams backed by Dollar General’s investment-grade credit rating. The stores are strategically located in growing communities within established micropolitan statistical areas and underserved rural markets across Kentucky.

The first property is located at 14332 Burkesville Rd in Breeding, KY, in Adair County. Built in 2022 on a spacious 2.00-acre parcel with 9,100 SF of gross leasable area. Its prominent position along Burkesville Rd (2,000+ VPD traffic count). The surrounding area features a rural, scenic landscape near recreational opportunities such as Green River Lake and local employment hubs in south-central Kentucky. With over 8,080 residents within a 10-mile radius and average household incomes reaching $58,377 at that radius, the location serves a stable rural demographic poised for steady growth.

The second property is situated at 10900 KY-11 in Manchester, KY, in Clay County, part of the Corbin, KY Micropolitan Statistical Area and the county seat. Constructed in 2022 on a 1.00-acre site with 9,100 SF. The store benefits from frontage on KY-11 (1,000+ VPD traffic count), a major local thoroughfare. With over 10,689 residents within a 10-mile radius and average household incomes of approximately $56,896, it taps into a stable, leisure-driven economy in this scenic, low-competition rural pocket.

The third property is located at 4600 KY-7 in Topmost, KY, in Knott County. Built in 2022 on a 1.91-acre site with 9,100 SF of gross leasable area. Positioned along the KY-7 corridor (1,000+ VPD), the store serves a vibrant small-town and regional market in eastern Kentucky’s Appalachian region, supported by local industry and natural attractions. It enjoys over 18,263 residents in the 10-mile radius with average household incomes around $52,614. All three properties offer attractive cap rates with corporate NNN leases featuring 10% rent increases every option term (5/5 years), ensuring built-in growth with long-term lease terms remaining. These built-to-suit locations provide reliable passive income streams and serve underserved rural and small-town markets.

Dollar General Corporation (NYSE: DG), headquartered in Goodlettsville, Tennessee, is a leading discount retailer with over 20,662 stores as of 2025, operating in 48 states. Backed by an investment-grade credit rating of BBB from S&P and Baa2 from Moody’s, the company reported strong financial performance, making it a reliable tenant for investors. Founded in 1939, Dollar General focuses on everyday essentials at low prices, thriving in economic cycles and expanding in high-demand areas like these Kentucky communities.