10037 Us Highway 27 Waynesburg, KY 40489

This exceptional investment opportunity presents a fee-simple ownership of a 10,640-square-foot Dollar General store in Waynesburg, Kentucky. Built in 2024, the property boasts a 15-year absolute NNN lease with a credit-rated corporate guarantor, offering 14.2 years remaining on the current term. The lease includes five, five-year renewal options with a 5% rent increase. Located at 10037 US Hwy 27, this single-tenant property benefits from a prime location along Interstate 27, experiencing a high daily traffic volume of 6,000 to 15,000 vehicles. The strong demographics of the area, with over 18,000 residents within a 10-mile radius, further enhance the investment potential. The property generates a substantial net operating income (NOI) of $115,497, resulting in a compelling 6.65% cap rate. The asking price is $1,736,795, translating to a price per square foot of $163.23. This property is part of a larger 28-unit portfolio in Kentucky, offering the potential for acquisition individually or as a package. The one-acre lot ensures ample space for the building and future potential. This is a truly passive investment opportunity with zero landlord responsibilities. The lease commenced January 13, 2024, and expires January 13, 2039.