6888 Us-641 Hazel, KY 42049
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 6888 Us-641
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional investment opportunity presents a portfolio of nine Dollar General stores strategically located across Kentucky and Tennessee. The portfolio boasts a total of nine buildings, all operating under 100% occupancy with NNN leases, eliminating landlord responsibilities. The current annual net operating income (NOI) stands at $703,987, yielding an attractive 6.50% cap rate on an asking price of $10,830,581. Each lease includes five (5) year options with a 10% rent bump in each option period, ensuring consistent and growing income streams. Seven stores are situated in Kentucky, spanning Calloway, McCracken, Marshall, Christian, Carlisle, and Ohio counties, with addresses including 6888 US-641 Hazel, KY 42049
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hazel
- County
- Calloway
- State
- Kentucky
- Longitude
- -88.3268
- Latitude
- 36.5118