6888 Us Hwy 641st S Hazel, KY 42049-8813
This exceptional investment opportunity features a 9,100-square-foot Dollar General convenience store in Hazel, Kentucky. The property boasts a 15-year net lease (NNN) with a corporate guarantee, providing significant security and minimal landlord responsibilities. The lease commenced November 21, 2019, and has a remaining term of 10 years, with five 5-year renewal options, each including a 10% rent increase. The current annual net operating income (NOI) is $80,612, resulting in a compelling 6.50% capitalization rate. The asking price is $1,240,183, translating to $136.28 per square foot. Located at 6888 US Hwy. 641, Hazel, KY 42049, this single-story building sits on commercially zoned land and enjoys 100% occupancy. This property is an ideal investment for those seeking a low-maintenance, high-return asset, particularly suitable for 1031 exchange purposes. The property's strong tenant, long lease term, and built-in rent increases offer a stable and attractive investment profile. The location in Calloway County, Kentucky, provides access to a well-established market.
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
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.