4801 Fort Campbell Blvd Hopkinsville, KY 42240
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 9,998-square-foot pOpshelf retail store in Hopkinsville, Kentucky. Located within the high-traffic Hopkinsville Towne Center, this property benefits from its strategic position on Fort Campbell Boulevard and Eagle Way, boasting daily traffic counts exceeding 17,000 and 19,000 vehicles respectively. The property features a 15-year absolute NNN lease, commencing October 1, 2023, and expiring September 30, 2038, with a remaining term of approximately 14 years. The lease includes built-in rent bumps of 5% every five years during the primary term and substantial 10% increases at each of the four five-year renewal options. The tenant, pOpshelf, is backed by the corporate guarantee of Dollar General Corporation, holding an investment-grade credit rating of "BBB." The property sits on a 2.01-acre lot and includes 35 parking spaces. With a current Net Operating Income (NOI) of $190,762, the asking price of $2,868,602 reflects a 6.65% cap rate. The property's location is further enhanced by its proximity to major amenities, including a large convention center and a new sports complex, and its position near a significant planned school development. This presents a compelling investment opportunity for those seeking a passive income stream with a strong, creditworthy tenant and significant built-in growth potential. The property is zoned commercial and was built in 2023. The single-story building is currently 100% occupied.
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pOpshelf (Bike/Boat/Book/etc) Store
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
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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.