2241 Westerfield Dr, Providence, KY

Listing office Matthews Real Estate Investment Services - Orange County k***@matthews.com Show Phone

Listing date Nov 25, 2025

Source Moodyscre

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Overview

This property is leased to Dollar General, which holds an investment-grade credit rating of BBB from Standard & Poor’s. The company's market capitalization is approximately $25 billion, reinforcing the strength of the lease guaranty. Dollar General operates approximately 21,000 locations nationally, with expansion plans indicating continued corporate growth and stability. Recognized as an essential retailer, Dollar General has demonstrated operational resilience across economic cycles, including during recessionary periods. The asset features an absolute triple-net (NNN) lease structure, offering investors a fully passive income stream with no landlord management obligations. The property is 10,640 square feet.

Suggested Use

Big Box & Wholesale Store Pharmacy Bakery (Bike/Boat/Book/etc) Store Hair Salon Nail Salon Skin Care Clinic (Bike/Boat/Book/etc) Store Wine and Liquor Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Providence

County

Webster

State

Kentucky

Longitude

-87.7359

Latitude

37.4095

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FAQs

What type of property is this?

Storefront property - NNN leased Dollar General with investment-grade credit rating.

Where is this storefront property located?

The property is located at 2241 Westerfield Dr Providence, KY.

What are key features of this property?

This property features: Absolute triple‑net (NNN) lease provides fully passive income with no landlord responsibilities.; Investment‑grade credit rating of BBB from Standard & Poor’s, backed by a $25 billion market capitalization.; Dollar General is an essential retailer, demonstrating resilience across economic cycles.