Single-Tenant Retail
For Sale
Contact for pricing
224 S Main St, Franklin, KY 42134
Net leased retail storefront is occupied by Dollar Tree on a recently executed 10-year lease term.
Property Size11,962 SF
Price / SF$143.29
Days on Market468
Property Features for 224 S Main St
General Information
Standard status
Active
Size
11,962 SF
Property subtype
RETAIL
Listing Agency:
SRS Industrial - Newport Beach
(949) 698-1100
Listed By:
Matthew Mousavi · License #CA 01732226
(949) 698-1116
Source:
Moodyscre
Added: Jun 2, 2025
Changed: Aug 31
Last Checked: Sep 12 at 4:04AM
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 SRS Industrial - Newport Beach
Investment Insights
Based on property information with market context.
Single-tenant retail storefront for sale with occupancy by Dollar Tree Stores, Inc. The tenant recently signed a brand new 10-year lease, including four additional five-year options to extend, reflecting continued commitment to the location.
The lease structure provides flat rent during the initial term, followed by variable rental increases at the start of each option period. This design supports a steadily growing NOI while incorporating rental growth elements tied to the option periods.
This property is offered with the stated tenant lease in place, with rent cited as approximately $10 per square foot.
The lease structure provides flat rent during the initial term, followed by variable rental increases at the start of each option period. This design supports a steadily growing NOI while incorporating rental growth elements tied to the option periods.
This property is offered with the stated tenant lease in place, with rent cited as approximately $10 per square foot.
Key Highlights
- Dollar Tree Stores, Inc. recently executed a new 10‑year net lease
- Lease includes 4 (5‑year) options to extend
- Flat rent during the initial term, with variable rental increases at the start of each option period
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
455
Businesses Nearby
28k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Groceries 30%
Apparel 4%
Home Improvements & Furnishings 1%
Franklin
Shops & Services
10,554 visits/mo
0.2 miles
Piggly Wiggly
Groceries
8,498 visits/mo
0.4 miles
Dollar General
Shops & Services
4,661 visits/mo
0.5 miles
Valero Energy
Shops & Services
1,637 visits/mo
0.2 miles
Factory Connection
Apparel
1,266 visits/mo
0.4 miles
Demographics for 42134, KY
18,881
Population
8,138
Households
2.3
Avg Household Size
40
Median Age
17%
College-Educated
89%
High-School Grad
212.7 sq mi
ZIP Area
89
Density / Sq Mi
$55,347
Median Household Income
$36,557
Median Earnings
$1,002
Median Rent
$193,300
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Net leased retail storefront is occupied by Dollar Tree on a recently executed 10-year lease term.
Where is this retail space located?
The property is located at 224 S Main St Franklin, KY.
What is the asking price?
The asking price for this property is $1,714,000.
What are key features of this property?
This property features: Dollar Tree Stores, Inc. recently executed a new 10‑year net lease; Lease includes 4 (5‑year) options to extend; Flat rent during the initial term, with variable rental increases at the start of each option period
