3420 Main St Stamping Ground, KY 40379
This exceptional investment opportunity features a 9,026-square-foot Dollar General store situated on a 1.4-acre lot at 3420 Main St, Stamping Ground, KY 40379. Built in 2011, this single-story building boasts a 100% occupancy rate under a Net Net (NN) lease with a corporate guarantee. The current lease, commencing January 1, 2011, and expiring January 1, 2026, has a remaining term of approximately 1.1 years, followed by five 5-year options with 10% rent bumps in each. The property generates a substantial Net Operating Income (NOI) of $76,944, resulting in a compelling 7.50% capitalization rate. The asking price is $1,025,920, translating to $113.66 per square foot. The property is zoned for commercial use and strategically located at the convergence of Locust Fork Road, Main Street, and Woodlake Road. Average household income within a 5-mile radius exceeds $105,000. This is a rare chance to acquire a well-performing, established retail asset with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.