Family Dollar NNN Investment Opportunity

8708 Ky Hwy 7, Viper, KY

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For Sale

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NNN leased Family Dollar with corporate guarantee and zero competition.

Type:RETAIL

Property size:

8,320 SF

Lot size:

2.18 Acres

Price / SF:

$126/SF

HighLights

True Corporate Guarantee from Family Dollar Stores, Inc (S&P BBB Credit)
ZERO Dollar Store Competition within a 15‑minute Drive Radius
NNN Lease Structure
5% Increases Every 5 Years in Options
2019 Construction
5 Years Remaining

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Listing Contact

Alex Van Krevel

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For Sale

Contact for pricing

NNN leased Family Dollar with corporate guarantee and zero competition.

Type:RETAIL

Property size:

8,320 SF

Lot size:

2.18 Acres

Price / SF:

$126/SF

Added:: May 2, 2024
Days on Market:: 774
Last Refresh:: May 20 at 9:05 pm

Property Features for 8708 Ky Hwy 7

General Information

Standard status: Active
Size: 8,320 SF
Lot size: 2.18 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Alex Van Krevel

Listing agent Noah Dewhirst License #SAL2023005727

Listing office Passov Real Estate Group

Listing date May 2, 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 Passov Real Estate Group

HighLights

True Corporate Guarantee from Family Dollar Stores, Inc (S&P BBB Credit)
ZERO Dollar Store Competition within a 15‑minute Drive Radius
NNN Lease Structure
5% Increases Every 5 Years in Options
2019 Construction
5 Years Remaining

Overview

This property, constructed in 2019, is a retail property with 8,320 square feet. It is currently operating under a NNN lease structure with approximately 5 years remaining on the lease term. The tenant is Family Dollar Stores, Inc., providing a corporate guarantee backed by an S&P BBB credit rating. The lease includes 5% rent increases every 5 years in the option periods. According to the listing, there is no dollar store competition within a 15-minute drive radius.

Location Intelligence

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Storefront properties

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Local Demand

City: Viper
County: Perry
State: Kentucky
Longitude: -83.1482
Latitude: 37.1829

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What type of property is this?

Storefront property - NNN leased Family Dollar with corporate guarantee and zero competition.

Where is this storefront property located?

The property is located at 8708 Ky Hwy 7 Viper, KY.

What is the asking price?

The asking price for this property is $1,055,000.

What are key features of this property?

This property features: True Corporate Guarantee from Family Dollar Stores, Inc (S&P BBB Credit); ZERO Dollar Store Competition within a 15‑minute Drive Radius; NNN Lease Structure

8708 Ky Hwy 7, Viper, KY

NNN leased Family Dollar with corporate guarantee and zero competition.

Property Features for 8708 Ky Hwy 7

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Viper, KY Commercial Opportunity

Mobile Home Park with General Store

Retail Space with Apartments

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