15 Year NNN Dollar General Williamsburg, KY

Retail-Commercial for Sale
Catylist Listing ID: 30455230
Property Subtypes: Free-Standing Building
Building Size (RSF): 9,100 SF
Gross Building Area: See Agent
Sale Price: $1,253,255
Unit Price: $137.72 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: Dollar General
Sale Terms: Cash to Seller
Cap Rate: 6.85%
Last Updated: 7/7/2019

Overview / Comments

We are pleased to present this excellent 15-Year NNN Dollar General investment opportunity in Williamsburg, KY. The property is brand new construction with the lease commencing March 2019. There are five 5-year options with 10% rental increases with each option period.

• Brand New 15 Year NNN Lease
• 9,100sf Store
• 6.85% Cap Rate
• Lease Expiration - 03/08/2034
• Five 5-Year Options with 10% Rental Increases
• Part of a Larger Portfolio - Contact Agent for Details

Attachments & Media

Additional Details

Nearest MSA: London
County: Whitley
Tax ID/APN: 131-40-13-006.00
Zoning: RETAIL
Property Visibility: Excellent
Area Description: This property is located in Pleasant View (Williamsburg), KY which has a population of over 5,200. This Dollar General is conveniently located in front of Pleasant View Elementary School and at the intersection of US-25 and KY-628 (Stringtown Road) which have a combined traffic count of nearly 6,000 vehicles per day.
Property Condition: Excellent
Year Built: 2019

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,528 6,471
Median Age: 37.18 36.21
Households: 598 2,488
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