8791 Ky-1 Grayson, KY 41143
This exceptional investment opportunity presents a single-tenant, 9,190 square foot Family Dollar storefront located at 8791 KY-1, Grayson, KY 41143. Built in 2019, the property sits on a 0.93-acre lot and boasts 100% occupancy with a strong credit tenant. The current lease is a Net-Net (NN) lease with a remaining term of 4.9 years, expiring September 30, 2029. The lease includes six five-year renewal options, each with a 4.00% rent increase. The property offers a compelling 7.50% cap rate, generating a Net Operating Income (NOI) of $99,144, with an asking price of $1,321,920 ($143.84 per square foot). This one-story building presents an ideal investment opportunity due to its strong tenant, favorable lease terms, and attractive financial metrics. The property benefits from ideal demographics and is situated in Carter County, Kentucky. This is a rare chance to acquire a well-performing, established retail property with significant long-term potential.
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.