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

Listed By: Cody Crist · License #697980 Show Phone

Source: Moodyscre

Added: Jul 4, 2024 Changed: Oct 26 Last Checked: Oct 26 at 6:44PM

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Investment Insights

Based on property information with market context.

This is a 9,100 square foot retail property built in 2019. The property is a Dollar General store with a NN+ lease structure where the tenant is fully responsible for HVAC repairs and replacement and fully reimburses the landlord for CAM expenses. The property is located in Barbourville, Kentucky, which has a population over 3,500, and is part of a larger 28-unit Kentucky Dollar General portfolio. The surrounding area has a healthy population with over 12,000 residents within 5 miles of the store. The property benefits from strong traffic counts in front of the location, with over 18,000 vehicles per day.

Key Highlights

• Strong traffic counts: over 18,000 vehicles pass by daily.
• NN+ lease: tenant takes care of HVAC and CAM.
• 2019 build: enjoy relatively new construction.

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Food Market Gym & Fitness Center Discount Store Shopping Center & Mall

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

18

Businesses Nearby

5k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

5,076 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

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Frequently Asked Questions

What type of property is this?

Storefront property - Freestanding Dollar General store built in 2019 in Barbourville, KY.

Where is this storefront property located?

The property is located at 28 N Ky 3438 Barbourville, KY.

What is the asking price?

The asking price for this property is $1,076,125.

What are key features of this property?

This property features: Strong traffic counts: over 18,000 vehicles pass by daily.; NN+ lease: tenant takes care of HVAC and CAM.; 2019 build: enjoy relatively new construction.