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KY Dollar General 6775 KY-7

10,640 SF Retail Building Blackey, KY 41804 £1,034,688 (£97/SF) 7% Net Initial Yield

Investment Highlights

  • Low Price Point Newer Development Dollar General With 13+ Years Remaining
  • Large 2 Acre Parcel With a Concrete Parking Lot
  • 5 Option Periods With 10% Rent Increases Every 5 Years
  • Absolute NNN Lease Requiring Zero Landlord Responsibilities
  • HVAC Fully Responsible by Tenant
  • Limited Retail Competition - Store Serves as Source of Retail Goods

Executive Summary

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General in Blackey, KY. The store is on a large 2-acre parcel with a concrete parking lot.
Cooperating Broker - Brian Brockman - Bang Realty, Inc. - KY #204982

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Year Built
2022
Price
£1,034,688
Price Per SF
£97
Net Initial Yield
7%
NOI
£72,427
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Lot Size
1.99 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5492
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£55,735
  • Listing ID: 29725861

  • Date on Market: 06/10/2023

  • Last Updated:

  • Address: 6775 KY-7, Blackey, KY 41804

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