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    8708 Ky Hwy, Unit 7 Viper, KY

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    For Sale
    $1,055,000

    NNN leased Family Dollar with corporate guarantee and zero competition.

    Property size:
    8,320 SF
    Lot size:
    2.18 Acres

    Property Features for 8708 Ky Hwy

    General Information

    Size
    8,320 SF
    Lot size
    2.18 Acres

    Source: Passov Real Estate Group Agent Alex Van Krevel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Family Dollar NNN Investment Opportunity

    This property, constructed in 2019, is a retail property with 8,320 square feet. It is currently operating under a NNN lease structure with approximately 5 years remaining on the lease term. The tenant is Family Dollar Stores, Inc., providing a corporate guarantee backed by an S&P BBB credit rating. The lease includes 5% rent increases every 5 years in the option periods. According to the listing, there is no dollar store competition within a 15-minute drive radius.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Viper
    County
    Perry
    State
    Kentucky
    Longitude
    -83.1482259
    Latitude
    37.1828729

    Nearby Similar for Sale

    • $87,000
      Pending

      Retail Space with Apartments

      Large building featuring retail space and two apartments in Viper.
      1996 Left Fork/Macies Crk, Viper, KY 41774
      View Details

    FAQs

    What type of property is this?
    Storefront property - NNN leased Family Dollar with corporate guarantee and zero competition.
    Where is this storefront property located?
    The property is located at 8708 Ky Hwy, Unit 7 Viper, KY.
    What is the asking price?
    The asking price for this property is $1,055,000.
    What are key features of this property?
    This property features: - True Corporate Guarantee from Family Dollar Stores, Inc (S&P BBB Credit); - ZERO Dollar Store Competition within a 15-minute Drive Radius; - NNN Lease Structure
    (216) 831-8100
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    8708 Ky Hwy, Unit 7 Viper, KY
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8708 Ky Hwy, Unit 7 Viper, KY
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