1088 US-42 Bedford, KY

Listing Agency: Trinity Real Estate Investment Services - Corporate b***@bangrealty.com Show Phone

Listed By: Chance Hales · License #701472 Show Phone

Source: Moodyscre

Added: Jul 9, 2024 Changed: Jul 6 Last Checked: Jul 21 at 6:15AM

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Investment Insights

Based on property information with market context.

This new development features a Dollar General Market with a full 15-year primary term. The lease is structured as an absolute NNN lease, requiring zero landlord responsibilities. The lease is corporately guaranteed. Rent increases are set at 5% every 5 years throughout the primary and option periods. The property is strategically situated along US Hwy 42, which generates nearly 2,500 vehicles per day. It serves as a primary source of retail goods in the area with limited retail competition. The location is 46 miles away from downtown Louisville, the most populous city in Kentucky with over 600,000 residents. The property size is 10,640 square feet.

Key Highlights

• New development Dollar General Market with a full 15‑year primary term.
• Absolute NNN lease requiring zero landlord responsibilities.
• Attractive 5% rental increases every 5 years throughout primary & option periods.

Property Analytics

Location Intelligence

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Auto Parts Store Hair Salon Big Box & Wholesale Store Nail Salon Building Supply Auto Repair Shop

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?

Grocery and convenience store - New Dollar General Market in Bedford, KY, for sale.

Where is this grocery and convenience store located?

The property is located at 1088 US-42 Bedford, KY.

What is the asking price?

The asking price for this property is $1,860,275.

What are key features of this property?

This property features: New development Dollar General Market with a full 15‑year primary term.; Absolute NNN lease requiring zero landlord responsibilities.; Attractive 5% rental increases every 5 years throughout primary & option periods.