Dollar General NNN Retail
For Lease
$1,191,568 NNN (Triple Net)
4845 Madisonville Rd, Hopkinsville, KY 42240
Net lease Dollar General store with no landlord responsibilities and a corporate guarantee by Dollar General, Inc.
Space SizeContact for details
Property Size9,100 SF
Days on Market48
Property Features for 4845 Madisonville Rd
General Information
Standard status
Active
Size
9,100 SF
Class
BBB
Property subtype
Retail
Net Operating Income
$77,451
Building Details
Building Size
9,100 SF
Year Built
2019
Tenancy
Single
Listing Agency:
Exclusive Realty
(248) 833-6696
Listed By:
Shelby Sagmani Sulaiman · License #6502426558
Source:
Exclusive-realty
Added: Jun 25
Changed: Aug 8
Last Checked: Aug 11 at 6:31AM
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 Exclusive Realty
Investment Insights
Based on property information with market context.
This offering features a 9,100 square foot Dollar General store operated under a NNN lease structure. The lease includes no landlord responsibilities, placing operating and property-related obligations on the tenant. Dollar General, Inc. provides the corporate guarantee, and the tenant is described as having a “BBB” credit rating, classified as investment grade. The lease includes options with a stated 10% increase per each option.
The property is located at 4845 Madisonville Rd in Hopkinsville, KY. The asset is presented as a straightforward NNN investment built around a nationally recognized dollar store operator with the terms structured to limit landlord involvement.
For prospective investors, this structure may appeal to buyers seeking a net-leased retail asset where the landlord role is minimized. The corporate guarantee by Dollar General, Inc., along with the stated investment-grade credit rating and option-based increase terms, are the core underwriting elements highlighted in the offering materials. The property is also marketed for 1031 Exchange buyers, aligning with investors looking to deploy capital into a stabilized, long-term net lease format.
The property is located at 4845 Madisonville Rd in Hopkinsville, KY. The asset is presented as a straightforward NNN investment built around a nationally recognized dollar store operator with the terms structured to limit landlord involvement.
For prospective investors, this structure may appeal to buyers seeking a net-leased retail asset where the landlord role is minimized. The corporate guarantee by Dollar General, Inc., along with the stated investment-grade credit rating and option-based increase terms, are the core underwriting elements highlighted in the offering materials. The property is also marketed for 1031 Exchange buyers, aligning with investors looking to deploy capital into a stabilized, long-term net lease format.
Key Highlights
- 9,100 SF Dollar General store built in 2019 in Hopkinsville, KY
- NNN lease structure with no landlord responsibilities
- Lease is corporately guaranteed by Dollar General, Inc.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Explore this area
Business Placement
Demographics for 42240, KY
41,791
Population
18,663
Households
2.2
Avg Household Size
39
Median Age
21%
College-Educated
85%
High-School Grad
277.2 sq mi
ZIP Area
151
Density / Sq Mi
$49,872
Median Household Income
$36,321
Median Earnings
$866
Median Rent
$147,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Net lease Dollar General store with no landlord responsibilities and a corporate guarantee by Dollar General, Inc.
Where is this nnn property located?
The property is located at 4845 Madisonville Rd Hopkinsville, KY.
What is the lease rate?
The lease rate is $1,191,568.
What are key features of this property?
This property features: 9,100 SF Dollar General store built in 2019 in Hopkinsville, KY; NNN lease structure with no landlord responsibilities; Lease is corporately guaranteed by Dollar General, Inc.
