120 Huston Dr Shepherdsville, KY 40165

This exceptional investment opportunity presents a newly renovated Dollar General store located at 120 Huston Dr, Shepherdsville, KY 40165. The property boasts 9,014 square feet situated on a 2-acre lot with excellent visibility on Hwy 44, experiencing over 13,730 vehicles per day. The single-tenant, net-leased property features a credit-rated, corporate-guaranteed lease with Dollar General, a company with approximately 20,000 locations and a market cap exceeding $30 billion. The lease commenced October 4, 2006, and expires August 31, 2027, with five remaining 5-year options, each including a 10% rent increase. The property underwent a complete renovation in February 2024, demonstrating the tenant's long-term commitment. The current net operating income (NOI) is $66,000, yielding an attractive 8.25% cap rate on an asking price of $800,000. The property benefits from a robust average household income of $96,197 within a 5-mile radius and is conveniently located near an Amazon fulfillment center and other national retailers including Denny's, Subway, Taco Bell, KFC, McDonald's, Kroger, and Starbucks. This is a rare opportunity to acquire a well-located, high-performing retail asset with a strong tenant and significant upside potential. The property's location, tenant strength, and lease terms make it an ideal addition to any investment portfolio.