5399 Kentucky Highway 11 - Freestanding FOR SALE


Cannon, KY 40923
$1,420,588 USD
614-754-1008
5399 Kentucky Highway 11, Cannon, KY for Sale
$1,420,588 USD
Freestanding - FOR SALE
1/2
null | 8.5% Cap Rate

5399 Kentucky Highway 11
Cannon, KY 40923


HIGHLIGHTS

  • NNN Lease with 10 Years Remaining
  • Brand New Construction
  • Corporate Guarantee by Family Dollar Stores, Inc (S&P BBB Credit)
  • Attractive Entry Cap Rate
  • Full Access from KY-11, the Primary Retail Thoroughfare in the Trade Area
  • 3-Mile Median Household Income Growing at 3.2x the National Average

OVERVIEW

Discover the unique blend of small-town charm and modern amenities surrounding the property in Girdler, KY. Situated in a thriving commercial district, the area offers a range of conveniences for professionals and business owners. Nearby, investors will find the convenience of access to Route 11 and proximity to Girdler Elementary School. For those seeking a break from the workday, the lush greenery of Pine Mountain State Resort Park provides an ideal retreat, while the local shops and dining establishments offer a warm sense of community. Experience the potential for growth and success in this promising Girdler location.

FOR SALE DETAILS

PRICE

$1,420,588 USD

PRICE/SF

$135 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NEW Family Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

49,971 SF

ZONING

-

APN/PARCEL ID

104-40-00-048.03

ASK ABOUT THIS PROPERTY

Alex Van KrevelPassov Real Estate GroupMore Info
614-754-1008

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Alex Van KrevelPassov Real Estate GroupMore Info
614-754-1008

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