215 Lock Rd - Convenience Store FOR SALE


Butler, KY 41006
$1,694,000 USD
310-363-4822
215 Lock Rd, Butler, KY for Sale
$1,694,000 USD
Convenience Store - FOR SALE
1/23
null | 7.75% Cap Rate

215 Lock Rd
Butler, KY 41006


HIGHLIGHTS

  • FAMILY DOLLAR | DOLLAR TREE COMBO STORE
  • CORPORATE GUARANTEE FROM INVESTMENT GRADE TENANT
  • RELOCATION STORE + UPGRADED CONSTRUCTION
  • STRATEGIC LOCATION
  • DOUBLE NET (NN) LEASE
  • PREMIER DOLLAR STORE BRAND

OVERVIEW

PRICING - $1,694,000 CAP RATE - 7.75% NOI - $131,250 LEASE EXPIRATION - NOVEMBER 2033 GUARANTEE - CORPORATE

FOR SALE DETAILS

PRICE

$1,694,000 USD

PRICE/SF

$161 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar Doller Tree | Butler, KY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

C-1

APN/PARCEL ID

038-00-00-049.00

ASK ABOUT THIS PROPERTY

310-363-4822

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310-363-4822

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