Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    28 Ky 3438 Barbourville, KY 40906

    For Sale
    $1,076,125

    High-cap rate NNN retail investment.

    Property size:
    9,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional investment opportunity presents a fee-simple ownership of a 9,100-square-foot Dollar General store, built in 2019, located at 28 N Ky 3438, Barbourville, KY 40906. The property sits on a 2.17-acre lot and boasts a strong 8.00% cap rate, generating a net operating income (NOI) of $86,090. The absolute NNN lease structure, with a credit-rated corporate guarantor, ensures minimal landlord responsibilities. The tenant, Dollar General, is fully responsible for HVAC repairs and replacements, and fully reimburses the landlord for all common area maintenance (CAM) expenses. The current lease, commenced February 15, 2019, has a remaining term of approximately 4.2 years, with five 5-year renewal options, each including a 10% rent increase. The property benefits from high traffic counts exceeding 18,000 vehicles per day and serves a healthy population exceeding 12,000 residents within a 5-mile radius. Located in southeastern Kentucky, Barbourville itself has a population of over 3,500. The asking price is $1,076,125, translating to a price per square foot of $118.26. This single-tenant, 100% occupied property represents a secure and profitable investment opportunity. The property is part of a larger portfolio, but can be purchased individually.

    Property Features for 28 Ky 3438

    General Information

    Property type
    Individual retail properties
    Square Feet
    9,100 SF
    Lot Size
    94,525 SF

    Building Details

    Year Built
    2019
    Units
    1

    HighLights

    • 2019‑built Dollar General with NNN lease structure.
    • Tenant responsible for HVAC and all CAM expenses.
    • High traffic count exceeding 18,000 vehicles per day.
    • Strong demographics: 12,000+ residents within a 5‑mile radius.
    • Located in Barbourville, KY (population over 3,500), Southeastern KY.
    • Part of a larger 28‑unit Dollar General portfolio.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Wholesale Shop Gym & Fitness Food Market Discount Store Shopping Mall Pawn Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Barbourville
    County
    Knox
    State
    Kentucky
    Longitude
    -83.893789413509
    Latitude
    36.910293281375

    Nearby Similar for Sale

    • $555,000
      10.23 Acres

      Barbourville, KY Land For Sale

      10.23 acre land parcel in Barbourville, Kentucky.
      3500 State Hwy, Barbourville, KY 40906
      View Details
    • $96,000
      Pending

      Historic Barbourville Commercial Building For Sale

      Three-story historic building in downtown Barbourville, offering mixed-use potential.
      222 Knox St, Barbourville, KY 40906
      View Details
    • $220,000
      2,800 SF

      Barbourville Commercial Building For Sale

      Commercial building in city limits with ample parking.
      317 Cumberland Ave, Barbourville, KY 40906
      View Details
    • $1,076,125
      9,100 SF

      2019 Built Dollar General Store

      Freestanding Dollar General store built in 2019 in Barbourville, KY.
      28 Ky 3438 N, Barbourville, KY 40906
      View Details
    • $184,500
      4,892 SF

      Historic Barbourville Commercial Building

      Landmark building, 4,892 sq ft, needs repair.
      222 Knox St, Barbourville, KY 40906
      View Details
    • $5,168,000
      34,000 SF

      Kentucky Office Building Investment

      Corporate-guaranteed office building, high occupancy.
      207 Hospital Dr, Barbourville, KY 40906
      View Details

    FAQs

    What type of property is this?
    Individual retail property - High-cap rate NNN retail investment.
    Where is this individual retail property located?
    The property is located at 28 Ky 3438 Barbourville, KY.
    What is the asking price?
    The asking price for this property is $1,076,125.
    What are key features of this property?
    This property features: 2019-built Dollar General with NNN lease structure.; Tenant responsible for HVAC and all CAM expenses.; High traffic count exceeding 18,000 vehicles per day.
    Request Owner's contact information
    28 Ky 3438 Barbourville, KY 40906
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    28 Ky 3438
    Barbourville, KY 40906
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    28 Ky 3438 Barbourville, KY 40906
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.