Building Details

Buildings 1

Tenancy Single

Listing Agency: Fortis Net Lease

Listed By: Kyle Carson · License #MI 6501384480

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 4:11PM

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Investment Insights

Based on property information with market context.

This 11,682 SF freestanding grocery and convenience store operates as a dual-concept Family Dollar and Dollar Tree location. The building was reconstructed from its foundation, with a new roof and HVAC system, while the concrete parking lot was repaired and restriped. Operations began on 4/1/2020.

The property fronts Main Street, which records 2,732 cars per day, and sits just off Highway 150, where traffic is reported at 6,972 cars per day. The site’s ten-mile population is 20,101. The lease is structured as Double Net (NN), with the tenant responsible for taxes, insurance, CAM, HVAC repairs and maintenance, snow removal, and landscaping. It includes 3 (5 year) renewal options, and the corporate guarantor, Dollar Tree, carries a BBB- credit rating classified as Investment Grade.

Key Highlights

• 11,682 SF freestanding Family Dollar | Dollar Tree dual‑concept store
• Reconstructed from the foundation with a new roof and HVAC
• Double Net (NN) lease with tenant responsibility for taxes, insurance, CAM, HVAC, snow removal, and landscaping

Property Analytics

Property Profile

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Pharmacy Hair Salon Wine and Liquor Store Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2,732 VPD

Traffic count

100%

Occupancy

Single-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

21

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 40409, KY

3,644

Population

1,626

Households

2.2

Avg Household Size

43

Median Age

15%

College-Educated

84%

High-School Grad

44.9 sq mi

ZIP Area

81

Density / Sq Mi

$51,103

Median Household Income

$38,514

Median Earnings

$687

Median Rent

$115,700

Median Home Value

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

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Dual-concept Family Dollar and Dollar Tree store with a rebuilt structure, new roof, HVAC, and repaired, restriped parking.

Where is this grocery and convenience store located?

The property is located at 745 S Main St Brodhead, KY.

What are key features of this property?

This property features: 11,682 SF freestanding Family Dollar | Dollar Tree dual‑concept store; Reconstructed from the foundation with a new roof and HVAC; Double Net (NN) lease with tenant responsibility for taxes, insurance, CAM, HVAC, snow removal, and landscaping