Listing Agency: Trinity Real Estate Investment Services - Corporate Show Phone

Listed By: Cody Crist · License #697980 Show Phone

Source: Moodyscre

Added: Jul 9, 2024 Changed: Oct 26 Last Checked: Oct 28 at 12:23PM

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Investment Insights

Based on property information with market context.

This property features an absolute NNN lease with Dollar General, operating under their "Market" concept. The original 15-year lease has over 13 years remaining on the current term. Constructed in 2022, the store benefits from a stable market with a population exceeding 5,000 residents within a 5-mile radius. The Market concept offers customers a larger selection of produce and fresh grocery options. The lease structure provides zero landlord responsibilities. The property is part of a larger 28-unit Kentucky portfolio and can be purchased individually or as part of the portfolio.

Key Highlights

• Absolute NNN Lease with Zero Landlord Responsibilities.
• Original 15‑Year Lease With 13+ Years Remaining on Current Term – Store Built in 2022.
• Dollar General "Market" Concept store** offering a larger selection of produce.

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Grocery and convenience stores

Location Intelligence

Trade Area within ½ mile

63

Businesses Nearby

2k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 77% Shops & Services 23%

El Cazador Dining

1,869 visits/mo 0.4 miles

FedEx Office Print & Ship Center Shops & Services

545 visits/mo 0.0 miles

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Frequently Asked Questions

What type of property is this?

Grocery and convenience store - NNN leased Dollar General Market with 13+ years remaining.

Where is this grocery and convenience store located?

The property is located at 3604 KY-3630 Annville, KY.

What is the asking price?

The asking price for this property is $1,496,185.

What are key features of this property?

This property features: Absolute NNN Lease with Zero Landlord Responsibilities.; Original 15‑Year Lease With 13+ Years Remaining on Current Term – Store Built in 2022.; Dollar General "Market" Concept store** offering a larger selection of produce.