176 W Walnut St - Freestanding FOR SALE


Mount Olivet, KY 41064
$2,046,855 USD
817-584-2000
176 W Walnut St, Mount Olivet, KY for Sale
$2,046,855 USD
Freestanding - FOR SALE
1/4
null | 6.65% Cap Rate

176 W Walnut St
Mount Olivet, KY 41064


HIGHLIGHTS

  • Absolute NNN Lease Dollar General
  • Original 15-Year Lease With 14+ Years Remaining on Current Term – Store Built in 2023
  • Strategically Located Along Interstate-62 Generating 6,000+ Vehicles Passing per day in Front of Subject Property
  • Equidistant (50 Miles) to Cincinnati and Lexington – 2 of the Larger Markets in Region
  • Zero Landlord Responsibilities
  • Part of Larger 28-Unit KY Portfolio – Can be Purchased Together or Individually – Contact Agent for More Information

OVERVIEW

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General in London, KY. The subject property has an Absolute NNN lease with 14+ years remaining on current term. It is strategically located along Interstate-62 with 6k+ vehicles passing per day. It is also 50 miles to Cincinnati and Lexington, 2 of the larger markets in the region. The property is part of a larger 28-unit KY portfolio which can be purchased together or individually. Cooperating Broker: Brian Brockman Bang Realty, Inc | KY #204982 bor@bangrealty.com | (513) 898-1551

FOR SALE DETAILS

PRICE

$2,046,855 USD

PRICE/SF

$192 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

33-2-41.1

ASK ABOUT THIS PROPERTY

Cody CristTrinity Real Estate Investment Services, LLCMore Info
817-584-2000

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Cody CristTrinity Real Estate Investment Services, LLCMore Info
817-584-2000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.