Listing Agency: Trinity Real Estate Investment Services - Corporate Show Phone

Listed By: Cody Crist · License #697980 Show Phone

Source: Moodyscre

Added: Jul 9, 2024 Changed: Sep 5 Last Checked: Sep 11 at 1:01PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trinity Real Estate Investment Services - Corporate

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

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

121

Businesses Nearby

17k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 81% Dining 19%

Shell Shops & Services

6,706 visits/mo 0.3 miles

Marathon Petroleum Shops & Services

4,455 visits/mo 0.2 miles

Valero Energy Shops & Services

2,713 visits/mo 0.1 miles

SUBWAY Dining

1,902 visits/mo 0.1 miles

Hometown Pizza Dining

1,383 visits/mo 0.5 miles

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this grocery and convenience stores located? What is the asking price? Find similar properties What are key features of this property?

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.