8709 KY-7 - Retail FOR SALE


Viper, KY 41774
$1,055,000 USD
614-754-1008
8709 KY-7, Viper, KY for Sale
$1,055,000 USD
Retail - FOR SALE
1/6
null | 9.25% Cap Rate

8709 KY-7
Viper, KY 41774


HIGHLIGHTS

  • 5 Years Remaining
  • 2019 Construction
  • NNN Lease Structure, 5% Increases Every 5 Years in Options
  • True Corporate Guarantee from Family Dollar Stores, Inc (S&P BBB Credit)
  • ZERO Dollar Store Competition within an 15-minute Drive Radius

OVERVIEW

With a strategic focus on accessibility, Family Dollar strategically situates its stores in various locations, including rural areas, small towns, and large urban neighborhoods. This widespread presence, whether in shopping centers or as standalone establishments, ensures convenience for its diverse customer base. Following its acquisition by Dollar Tree in 2015, Family Dollar has been part of a larger retail conglomerate headquartered in Chesapeake, Virginia. The union with Dollar Tree has bolstered its position in the discount retail market, allowing for synergistic opportunities, expanded customer reach, and enhanced financial performance, thereby solidifying its status as a leading discount retailer in North America.

FOR SALE DETAILS

PRICE

$1,055,000 USD

PRICE/SF

$127 USD /SF

CAP RATE

9.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.18 AC

LAND SF

95,088 SF

ZONING

-

APN/PARCEL ID

169-00-00-035.04

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.