2300 Ky-15 Whitesburg, KY 41858
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.