Property summary
This exceptional investment opportunity presents a 10,640-square-foot Dollar General store in Topmost, Kentucky. Located at 4600 KY-7, 41862, this property boasts a strong 6.75% cap rate and a substantial net operating income (NOI) of $83,000. The absolute NNN lease, with zero landlord responsibilities, features a corporate guarantee from Dollar General Corporation, holding an S&P BBB credit rating. The lease commenced March 15, 2022, and has a remaining term of 12.4 years, extending to March 31, 2037. Five 5-year lease options are included, with 10% rent bumps. Built in 2022 on a 1.9-acre lot, this single-tenant property benefits from limited retail competition and serves as the primary goods source within a 5-mile radius. The asking price is $1,229,615, translating to $115.57 per square foot. This property is ideally suited for a 1031 exchange, offering a secure and profitable investment with significant long-term potential. The exceptionally limited relocation options due to terrain further enhance the property's value and stability. This is a rare opportunity to acquire a low price point, newly constructed Dollar General with a long-term lease and strong financial performance.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning