835 E Broadway Mayfield, KY 42066
NN leased Family Dollar in Mayfield, KY, opening in 2024.
Type:Retail
Property size:
10,500 SF- Added:
- Feb 23, 2024
- Days on Market:
- 788
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 835 E Broadway
General Information
- Standard status
- Active
- Size
- 10,500 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2024
Listing agent Frank Rogers License #MI 6502417063
Listing office SRS Real Estate Partners Newport Beach
Listing date Feb 23, 2024
Source Crexi
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
Overview
New Family Dollar Investment Property
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Location Insight
- Map
- Local Demand
- City
- Mayfield
- County
- Graves
- State
- Kentucky
- Longitude
- -88.644656
- Latitude
- 36.741748
Nearby Similar for Sale
FAQs
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
