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Dollar General Market NNN Lease

596 S Main St, Brodhead, KY

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For Sale

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NNN leased Dollar General Market with over 14 years remaining.

Type:RETAIL

Property size:

12,480 SF

Lot size:

18.54 Acres

Price / SF:

$136/SF

HighLights

15‑Year Original Lease With Over 14 Years Remaining on Current Term
7.00% CAP Absolute NNN Lease
DG “Market” Concept Provides Wider Selection of Fresh Produce and Additional Freezer Space
Zero Landlord Responsibilities
7,500+ Residents within 5 Miles of Subject Property
Part of Larger 28‑Unit KY Portfolio – Can be Purchased Together or Individually

We can help!

Listing Contact

Cody Crist

Learn more

For Sale

Contact for pricing

NNN leased Dollar General Market with over 14 years remaining.

Type:RETAIL

Property size:

12,480 SF

Lot size:

18.54 Acres

Price / SF:

$136/SF

Added:: Jul 9, 2024
Days on Market:: 705
Last Refresh:: May 20 at 8:57 pm

Property Features for 596 S Main St

General Information

Standard status: Active
Size: 12,480 SF
Lot size: 18.54 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Cody Crist

Listing agent Chance Hales License #BRK.200900214

Listing office Trinity Real Estate Investment Services - Corporate

Listing date Jul 9, 2024

Source Moodyscre

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 Trinity Real Estate Investment Services - Corporate

HighLights

15‑Year Original Lease With Over 14 Years Remaining on Current Term
7.00% CAP Absolute NNN Lease
DG “Market” Concept Provides Wider Selection of Fresh Produce and Additional Freezer Space
Zero Landlord Responsibilities
7,500+ Residents within 5 Miles of Subject Property
Part of Larger 28‑Unit KY Portfolio – Can be Purchased Together or Individually

Overview

This property is subject to an absolute NNN lease with Dollar General, featuring their "Market" concept. The original lease term was 15 years, with over 14 years remaining on the current term. The Dollar General "Market" concept provides a wider selection of fresh produce and additional freezer space. The property benefits from having zero landlord responsibilities. More than 7,500 residents live within 5 miles of the location. The property is part of a larger 28-unit Kentucky portfolio and can be purchased individually or as part of the portfolio.

Location Intelligence

Current Use by Public Records

DG Market Grocery & Convenience Store FedEx OnSite Postal Service

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Local Demand

City: Brodhead
County: Rockcastle
State: Kentucky
Longitude: -84.4288
Latitude: 37.4076

What type of property is this?

Grocery and convenience store - NNN leased Dollar General Market with over 14 years remaining.

Where is this grocery and convenience store located?

The property is located at 596 S Main St Brodhead, KY.

What is the asking price?

The asking price for this property is $1,699,970.

What are key features of this property?

This property features: 15‑Year Original Lease With Over 14 Years Remaining on Current Term; **7.00% CAP Absolute NNN Lease**; DG “Market” Concept Provides Wider Selection of Fresh Produce and Additional Freezer Space

596 S Main St, Brodhead, KY

NNN leased Dollar General Market with over 14 years remaining.

Property Features for 596 S Main St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

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