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Property profile & analytics
FOR LEASE
Grocery and convenience stores

4845 Madisonville Rd Hopkinsville, KY 42240

9,100 SF
Entity Owned 1-yr Hold
Property ID
US34-0164403
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Grocery and convenience stores
Total area 9,100 SF
UPID US34-0164403
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dollar General Discount Store
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
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by Request
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Owner & transaction history
Nine Dgfm& M LLC · 1 yrs held
Nine Dgfm& M LLC
since 2025
1 recorded transaction
2025
$1.1M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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