4600 Ky-7 Topmost, KY 41862
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.
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
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.