63 Depot Ave Eminence, KY

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.