NEW Family Dollar Tree | 5399 Kentucky Highway 11
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NEW Family Dollar Tree 5399 Kentucky Highway 11
10,500 SF Retail Building Cannon, KY 40923 £1,135,504 (£108/SF) 8.50% Net Initial Yield
Investment Highlights
- NNN Lease with 10 Years Remaining
- Corporate Guarantee by Family Dollar Stores, Inc (S&P BBB Credit)
- Full Access from KY-11, the Primary Retail Thoroughfare in the Trade Area
- Brand New Construction
- Attractive Entry Cap Rate
- 3-Mile Median Household Income Growing at 3.2x the National Average
Executive Summary
Discover the unique blend of small-town charm and modern amenities surrounding the property in Girdler, KY. Situated in a thriving commercial district, the area offers a range of conveniences for professionals and business owners. Nearby, investors will find the convenience of access to Route 11 and proximity to Girdler Elementary School. For those seeking a break from the workday, the lush greenery of Pine Mountain State Resort Park provides an ideal retreat, while the local shops and dining establishments offer a warm sense of community. Experience the potential for growth and success in this promising Girdler location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,500 SF
Building Class
C
Year Built
2023
Price
£1,135,504
Price Per SF
£108
Net Initial Yield
8.50%
NOI
£96,518
Tenancy
Single
Number of Floors
1
Building FAR
0.21
Lot Size
1.15 AC
Parking
14 Spaces (1.33 Spaces per 1,000 SF Leased)
Frontage
244 ft on Kentucky 11
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Doller Tree
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Doller Tree | Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 104-40-00-048.03 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £28,171 |
PROPERTY TAXES
Parcel Number
104-40-00-048.03
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£28,171
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NEW Family Dollar Tree | 5399 Kentucky Highway 11
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