10901 Us Highway 431 Dunmor, KY 42339

This is a freestanding retail property featuring an absolute NNN lease with 11.7 years remaining on the initial term. The property includes a larger, 10,640 square foot built-to-suit store constructed with a 2022 prototype design. There are five, five-year options remaining, each with 10% rental increases. The property is situated on a sizeable 2.9 acre parcel, offering room for future expansion. Located near Lake Malone, a 788 acre lake known for its sandstone bluffs, state park, and recreational activities. As the only dollar store servicing the area for miles, it faces no competition. The full concrete parking lot provides longer-term durability. The immediate area is projected to experience a population increase through 2029. Located on the main highway in town, the property is near residential homes, churches, and local businesses. It serves as a destination store, being the only discount retailer in the area, and benefits from ideal dollar store demographics and household income in the immediate vicinity. The tenant has an S&P credit rating of “BBB”.