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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2300 Ky-15 Whitesburg, KY 41858

11,180 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 11,180 square foot retail property in Whitesburg, Kentucky, currently 100% occupied by a Dollar Tree, subleased from a former Walgreens location. The property boasts a strong 15.75% cap rate and a substantial net operating income (NOI) of $236,187. Situated on a signalized corner of a major east-west thoroughfare with 7,000 vehicles per day, this location offers unparalleled visibility and accessibility. The lease with Dollar Tree is a Net Lease (NN) agreement with a credit-rated tenant, providing a stable income stream through October 31, 2027 (approximately 2.9 years remaining). The property benefits from a robust population base of 9,312 residents within a 5-mile radius and enjoys excellent retail synergy with nearby national and local retailers including Food City, Save A Lot, KFC, Taco Bell, and Dollar General. The asking price is $1,500,000, translating to $134.17 per square foot. This is a rare opportunity to acquire a high-performing, net-leased retail property in a thriving Kentucky market. No lease options are currently available.

Property profile
Verified
Property type Retail properties & Spaces
Total area 11,180 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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