Single-Tenant Retail
For Sale
Contact for pricing
301 W Farthing St, Mayfield, KY 42066
Family Dollar retail space with an extended lease through Dec. 31, 2029, plus a planned remodel and newly completed parking lot.
Property Size10,600 SF
Days on Market136
Property Features for 301 W Farthing St
General Information
Standard status
Active
Size
10,600 SF
Property subtype
Retail
Additional Details
Cap Rate
9.2%
Building Details
Tenancy
Single
Listing Agency:
Belco Development & Investments
(951) 696-2727
Listed By:
Adam Farmer · License #CA 1370795
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 6:40PM
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 Belco Development & Investments
Investment Insights
Based on property information with market context.
This single-tenant Family Dollar retail building is oversized at 10,600 square feet and has been renewed with a third option period extended early through Dec. 31, 2029. The property is scheduled for a complete remodel to reflect the latest H2.5 store prototype, and the building has been painted. A new parking lot has also just been completed.
The site is surrounded by residential neighborhoods, with a high school within walking distance and Food Giant across the street. The next rent increase is scheduled for 01/01/2025 at $58,565, with a 9.2% cap increase noted for that date.
The site is surrounded by residential neighborhoods, with a high school within walking distance and Food Giant across the street. The next rent increase is scheduled for 01/01/2025 at $58,565, with a 9.2% cap increase noted for that date.
Key Highlights
- Family Dollar retail space with a renewed third option early, extending the lease through Dec 31, 2029
- Next rent increase on 01/01/2025: $58,565 with a 9.2% cap increase
- Family Dollar will remodel the building to reflect the current H2.5 store prototype
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
362
Businesses Nearby
Explore this area
Business Placement
Demographics for 42066, KY
23,081
Population
10,793
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
217.3 sq mi
ZIP Area
106
Density / Sq Mi
$48,118
Median Household Income
$34,853
Median Earnings
$695
Median Rent
$135,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Family Dollar retail space with an extended lease through Dec. 31, 2029, plus a planned remodel and newly completed parking lot.
Where is this retail space located?
The property is located at 301 W Farthing St Mayfield, KY.
What are key features of this property?
This property features: Family Dollar retail space with a renewed third option early, extending the lease through Dec 31, 2029; Next rent increase on 01/01/2025: $58,565 with a 9.2% cap increase; Family Dollar will remodel the building to reflect the current H2.5 store prototype
