Single-Tenant Dollar General
371 W Center St New Haven, KY 40051
For Sale
Contact for pricing
Pending
Built-to-suit for Dollar General in 2001, the 8,000 SF facility is positioned just off Center Street.
Days on Market103
Property Features for 371 W Center St
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing Agency:
Marcus & Millichap - Indianapolis
(317) 218-5329
Listed By:
Nathan Whalen · License #IN AB21402364
Source:
Crexi
Added: Apr 12
Changed: Jul 22
Last Checked: Jul 23 at 4:07PM
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 Marcus & Millichap - Indianapolis
Investment Insights
Based on property information with market context.
This built-to-suit retail property was constructed for Dollar General in 2001. The offering includes an approximately 8,000-square-foot building on 0.93 acres, with the tenant responsible for Common Area Maintenance, Real Estate Taxes, and Insurance. Lease responsibility is described as minimal for the landlord, limited to roof and structure maintenance. The current lease has been extended multiple times, including additional five-year extension terms and option periods that were exercised, with the extension schedule indicating a 4% rent increase effective July 2023 and another increase coming in 2026 with the next option period.
The property is located just off Center Street, described as the main east-west corridor through New Haven. Dollar General is presented as one of the main grocery options in the area, with the only other grocery tenant identified as a local IGA on the west side of town.
The tenant is identified in the materials as planning continued growth, and the lease is also supported by the tenant’s demonstrated long-term commitment through option exercises that extend the total lease term to just over five years.
The property is located just off Center Street, described as the main east-west corridor through New Haven. Dollar General is presented as one of the main grocery options in the area, with the only other grocery tenant identified as a local IGA on the west side of town.
The tenant is identified in the materials as planning continued growth, and the lease is also supported by the tenant’s demonstrated long-term commitment through option exercises that extend the total lease term to just over five years.
Key Highlights
- 8,000 SF built‑to‑suit Dollar General facility on 0.93 acres just off Center Street in New Haven, KY
- Lease history includes multiple option exercises; May 2019 option extended the total lease term to just over five years
- Rent increases tied to executed options: 4% increase in July 2023, with another increase coming in 2026
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Built-to-suit for Dollar General in 2001, the 8,000 SF facility is positioned just off Center Street.
Where is this retail space located?
The property is located at 371 W Center St New Haven, KY.
What are key features of this property?
This property features: 8,000 SF built‑to‑suit Dollar General facility on 0.93 acres just off Center Street in New Haven, KY; Lease history includes multiple option exercises; May 2019 option extended the total lease term to just over five years; Rent increases tied to executed options: 4% increase in July 2023, with another increase coming in 2026
