Dollar General NNN Retail
New
For Sale
$638,800
3403 Camargo Rd, Mount Sterling, KY 40353
Dollar General occupies the building under a double-net lease scheduled to continue through September 2031.
Property Size8,625 SF
Lot Size0.86 Acres
Price / SF$74.06
Days on Market3
Property Features for 3403 Camargo Rd
General Information
Standard status
Active
Size
8,625 SF
Lot size
0.86 Acres
Property subtype
Discount
Lease Type
NN
Financials
Cap Rate
8.41%
Gross Income
$55,906
Additional Details
Tenant in Place
Yes
Amenities
Recent Lease Extension: Demonstrating a Strong Commitment to the Site, Tenant Recently Commenced a New Five-Year Lease Extension Through September 30, 2031
The Lease Features Two Five-Year Renewal Options, Each with a 5 Percent Rent Increase
Double-Net (NN) Lease: The Tenant Handles Interior Maintenance and Reimburses for Real Estate Taxes and Parking Lot Upkeep
Limited Landlord Responsibilities to the Roof, Structure, Foundation, and Paved Areas
Dollar General is an Investment Grade National Retailer and a Highly Recession-Resilient Essential Business, Operating 21,000-Plus Stores Across 48 States
The Property is Strategically Located in Mount Sterling, the County Seat of Montgomery County, Functioning as a Primary Economic Hub for the Surrounding Region
High-Visibility Artery: The Site Boasts Excellent Visibility and Frontage on Camargo Road (US-460), Which Sees Over 12,200 Vehicles Per Day
Target Demographic Profile: The Immediate Trade Area Perfectly Aligns with Dollar General's Target Consumer Base, Featuring 16,284 Residents Within Five Miles and 36,353 Residents Within 10 Miles
Building Details
Building Size
8,625 SF
Year Built
1999
Buildings
1
Tenancy
Single
Listing Agency:
Columbus Office
Listed By:
Dante Moretti · License #License(s): OH: SAL.2025002556
(614) 360-9077
Source:
Marcusmillichap
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 2:51PM
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 Columbus Office
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Investment Insights
Based on property information with market context.
This 8,625-square-foot retail building was constructed in 1999 on a 0.86-acre parcel. Dollar General is the tenant under a double-net lease expiring September 30, 2031. The agreement includes two five-year renewal options, each with a 5% rent increase. The property has an 8.41% cap rate.
The property is at 3403 Camargo Rd in Mount Sterling, the county seat of Montgomery County, Kentucky. The area has an estimated population of 16,284 within five miles and 36,353 within 10 miles.
The property is at 3403 Camargo Rd in Mount Sterling, the county seat of Montgomery County, Kentucky. The area has an estimated population of 16,284 within five miles and 36,353 within 10 miles.
Key Highlights
- Dollar General tenant under a double‑net lease
- 8,625‑square‑foot building on 0.86 acres
- Built in 1999
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 49%
Dollar General
Shops & Services
4,708 visits/mo
0.1 miles
Arby's
Dining
4,562 visits/mo
0.1 miles
Demographics for 40353, KY
22,358
Population
9,876
Households
2.3
Avg Household Size
40
Median Age
22%
College-Educated
85%
High-School Grad
141.3 sq mi
ZIP Area
158
Density / Sq Mi
$56,981
Median Household Income
$38,404
Median Earnings
$794
Median Rent
$179,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - Dollar General occupies the building under a double-net lease scheduled to continue through September 2031.
Where is this nnn property located?
The property is located at 3403 Camargo Rd Mount Sterling, KY.
What is the asking price?
The asking price for this property is $638,800.
What are key features of this property?
This property features: Dollar General tenant under a double‑net lease; 8,625‑square‑foot building on 0.86 acres; Built in 1999
