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Dollar General 6120 US-421

10,640 SF Retail Building Mckee, KY 40447 £1,172,922 (£110/SF) 7% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease Dollar General
  • Low Price Point Location
  • 10,640 SF Prototype with over 5,000 Residents within 5 Miles of Subject Property
  • Original 15-Year Lease with 14 Years Remaining on Current Term – Store Built in 2023
  • Zero Landlord Responsibilities
  • Part of Larger 28-Unit KY Portfolio – Can be Purchased Together or Individually – Contact Agent for More Information

EXECUTIVE SUMMARY

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General in McKee, KY. The subject property is a low price location built in 2023 with 14 years remaining on current term. It is a 10,640 SF prototype with over 5,000 residents within 5 miles. This property is part of a larger 28-unit KY portfolio which can be purchased together or individually.
Cooperating Broker: Brian Brockman
Bang Realty, Inc | KY #204982
bor@bangrealty.com | (513) 898-1551

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Year Built
2023
Price
£1,172,922
Price Per SF
£110
Net Initial Yield
7%
NOI
£82,105
Tenancy
Single
Number of Floors
1
Building FAR
0.24
Lot Size
1.00 AC
Opportunity Zone
Yes
  • Listing ID: 31524252

  • Date on Market: 16/04/2024

  • Last Updated:

  • Address: 6120 US-421, Mckee, KY 40447

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