Dollar General NNN Investment Opportunity

7001 Cranston Rd, Morehead, KY

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For Sale

Contact for pricing

New Dollar General with 14+ years remaining on lease.

Type:RETAIL

Property size:

10,640 SF

Lot size:

8.05 Acres

Price / SF:

$158/SF

HighLights

Absolute NNN Lease with 14+ Years Remaining
New Construction - Store Built in 2024
Zero Landlord Responsibilities
10,640 SF Prototype Situated on 1 Acre Parcel
25,000+ Residents within 5 Miles
Part of Larger 28‑Unit KY Portfolio

We can help!

Listing Contact

Cody Crist

For Sale

Contact for pricing

New Dollar General with 14+ years remaining on lease.

Type:RETAIL

Property size:

10,640 SF

Lot size:

8.05 Acres

Price / SF:

$158/SF

Added:: Jun 4, 2024
Days on Market:: 741
Last Refresh:: May 20 at 9:54 pm

Property Features for 7001 Cranston Rd

General Information

Standard status: Active
Size: 10,640 SF
Lot size: 8.05 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Cody Crist

Listing agent Chance Hales License #TX 697980

Listing office Trinity Real Estate Investment Services - Corporate

Listing date Jun 4, 2024

Source Moodyscre

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

HighLights

Absolute NNN Lease with 14+ Years Remaining
New Construction - Store Built in 2024
Zero Landlord Responsibilities
10,640 SF Prototype Situated on 1 Acre Parcel
25,000+ Residents within 5 Miles
Part of Larger 28‑Unit KY Portfolio

Overview

This property is a Dollar General retail store constructed in 2024, operating under an absolute NNN lease. The original lease term was for 15 years, with over 14 years remaining on the current term. The building is a 10,640 square-foot prototype situated on a 1-acre parcel. The property is located within a 5-mile radius of over 25,000 residents. The lease structure provides for zero landlord responsibilities. This property is part of a larger 28-unit Kentucky portfolio and can be purchased individually or as part of the portfolio.

Property Profile Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Location Insight

Map
Local Demand

City: Morehead
County: Rowan
State: Kentucky
Longitude: -83.41
Latitude: 38.2824

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What type of property is this?

Grocery and convenience store - New Dollar General with 14+ years remaining on lease.

Where is this grocery and convenience store located?

The property is located at 7001 Cranston Rd Morehead, KY.

What is the asking price?

The asking price for this property is $1,683,985.

What are key features of this property?

This property features: Absolute NNN Lease with 14+ Years Remaining; New Construction - Store Built in 2024; Zero Landlord Responsibilities

7001 Cranston Rd, Morehead, KY

New Dollar General with 14+ years remaining on lease.

Property Features for 7001 Cranston Rd

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Versatile Commercial Property in Morehead

Established Commercial Property Near Cave Run

Operating Convenience Store with Apartments

Cave Run Lake Turn-Key Business

Turnkey Short-Term Rental on Acreage

48-Unit Multifamily Investment Opportunity

Student Housing Community Near MSU

Prime Retail Space Near I-64

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