New Family Dollar Investment
For Sale
Contact for pricing
835 E Broadway, Mayfield, KY 42066
NN leased Family Dollar in Mayfield, KY, opening in 2024.
Property Size10,500 SF
Price / SF$170.34
Days on Market900
Property Features for 835 E Broadway
General Information
Standard status
Active
Size
10,500 SF
Property subtype
Retail
Zoning
B-1
Building Details
Year Built
2024
Listing Agency:
SRS Real Estate Partners Newport Beach
(248) 688-0630
Listed By:
Frank Rogers · License #MI 6502417063
Source:
Crexi
Added: Feb 23, 2024
Changed: Aug 8
Last Checked: May 12 at 9:21PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This is a newly built Family Dollar investment property in Mayfield, KY. The property is leased to Family Dollar Stores of Kentucky, LP, under a new 10-year lease with four 5-year extension options. The lease includes scheduled rent increases at the start of each option period. The lease is guaranteed by the corporate entity and is structured as NN with limited landlord responsibilities. The built-to-suit property is estimated to open in 2024 and features a state-of-the-art design. The property is located along E. Broadway, with visibility and access to approximately 13,900 vehicles per day. It benefits from direct access to State Route 121 (12,000 VPD), which connects to State Route 80 and Interstate 69. The surrounding retail area includes Lowe’s, CVS Pharmacy, FNB Bank, AutoZone, and U.S. Bank. The location is near single-family communities and multi-family complexes, including Windhaven (52 units), Mayfield Gardens (72 units), and Mayfield Plaza (92 units). The 5-mile trade area includes over 17,000 residents and 8,000 daytime employees, with an average annual household income of $62,243. The property size is 10,500 square feet.
Key Highlights
- Newly built 2024 Family Dollar with corporate guarantee (S&P: BBB)
- NN lease with limited landlord responsibilities offers passive income
- New 10‑year lease with 4 (5‑year) options and scheduled rent increases
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
537
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 42066, KY
23,081
Population
10,793
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
217.3 sq mi
ZIP Area
106
Density / Sq Mi
$48,118
Median Household Income
$34,853
Median Earnings
$695
Median Rent
$135,100
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?
Grocery and convenience store - NN leased Family Dollar in Mayfield, KY, opening in 2024.
Where is this grocery and convenience store located?
The property is located at 835 E Broadway Mayfield, KY.
What is the asking price?
The asking price for this property is $1,788,571.
What are key features of this property?
This property features: Newly built 2024 Family Dollar with corporate guarantee (S&P: BBB); NN lease with limited landlord responsibilities offers passive income; New 10‑year lease with 4 (5‑year) options and scheduled rent increases
