Freestanding Retail Property in Eminence,
63 Depot Ave Eminence, KY
For Sale
Contact for pricing
Single-tenant Family Dollar in Eminence, KY with investment grade credit.
Property Size9,100 SF
Lot Size0.59 Acres
Price / SF$85.16
Days on Market653
Property Features for 63 Depot Ave
General Information
Standard status
Active
Size
9,100 SF
Lot size
0.59 Acres
Property subtype
RETAIL
Listing Agency:
Legacy Real Estate Advisors
(248) 450-3259
Listed By:
Dominic Shamany · License #6501439384
(248) 450-3259
Source:
Moodyscre
Added: Oct 15, 2024
Changed: Jul 6
Last Checked: Jul 21 at 6:50AM
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Investment Insights
Based on property information with market context.
This is a single-tenant, free-standing Family Dollar retail property located in Eminence, Kentucky, within the Louisville, KY MSA, ranked #45 in the U.S.A. The property operates under an NN lease structure, assigning minimal responsibilities to the landlord. Family Dollar holds an investment-grade credit rating of 'BBB' with S&P and 'Baa2' with Moody's. The surrounding area has a population of over 2,000 residents within a 1-mile radius and over 3,500 residents within a 3-mile radius. A projected population growth of +1.21% is expected within a 3-mile radius over the next five years. The property is positioned on a hard corner that experiences a daily traffic volume of over 7,000 vehicles along S Main St and over 4,000 vehicles along E Broadway. The building has a property size of 9,100 square feet. Commencing on July 1, 2023, the tenant has the right to terminate the lease by providing one hundred eighty (180) days’ prior written notice to the landlord throughout the remainder of the term of the lease and any renewals or extensions thereof.
Key Highlights
- Single tenant Family Dollar with investment grade credit rating provides stable income.
- NN lease structure minimizes landlord responsibilities.
- Located in Eminence, KY, part of the Louisville, KY MSA.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - Single-tenant Family Dollar in Eminence, KY with investment grade credit.
Where is this storefront property located?
The property is located at 63 Depot Ave Eminence, KY.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Single tenant Family Dollar with investment grade credit rating provides stable income.; NN lease structure minimizes landlord responsibilities.; Located in Eminence, KY, part of the Louisville, KY MSA.
