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OFF-MARKET
Specialty properties

4600 Ky-7 Topmost, KY 41862

10,640 SF 1.9 ac lot Built 2022
Property ID
Property summary
AI-generated overview

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
Verified
Property type Specialty properties
Year built 2022
Total area 10,640 SF
Lot 1.9 ac (82,764 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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