4845 Madisonville Rd Hopkinsville, KY 42240
This exceptional investment opportunity presents a 9,100-square-foot Dollar General convenience store located at 4845 Madisonville Road, Hopkinsville, Kentucky, 42240. The property boasts a strong 100% occupancy rate under a Net Lease (NNN) agreement with a corporate guarantee, minimizing landlord responsibilities. The current lease, commencing September 30, 2019, has a remaining term of 9.9 years, extending to September 30, 2034, with five 5-year renewal options, each including a 10% rent increase. The property generates a substantial Net Operating Income (NOI) of $77,451, resulting in an attractive 6.50% capitalization rate. Priced at $1,191,568 ($130.94 per square foot), this single-story building sits on commercially zoned land. This is an ideal investment for those seeking a low-maintenance, high-return asset, particularly suitable for 1031 exchange purposes. The property's location in Hopkinsville, Christian County, Kentucky, offers excellent visibility and accessibility. This is a turnkey investment with a stable, national tenant and a long-term lease.
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Dollar General Discount Store
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Western Union Bank Credit Union
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
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.