Dollar Tree

Retail-Commercial for Sale
Catylist Listing ID: 30380161
Property Subtypes: Free-Standing Building, Street Retail, Other
Building Status: Under Construction
Building Size (RSF): 9,500 SF
Gross Building Area: See Agent
Sale Price: $1,644,000
Unit Price: $173.05 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 2/13/2019

Overview / Comments

Qualified investors are extended the opportunity to acquire a 100.0% fee simple interest in a new construction Dollar Tree in Elizabethtown, Kentucky. The original lease term is ten (10) years with no termination rights and four (4) five (5) year renewal options. Rent commencement is projected for spring 2019.

The 0.93 acre site is strategically positioned at the major signalized intersection of Ring Road and N. Mulberry Street, adjacent to and sharing access with Walgreen’s. The trade area is both community retail and highway services, benefiting from its proximity to Elizabethtown’s major Interstate 65 exchange, the first traveling southward from the Louisville MSA (approximately 45 minutes driving time).

This trade area is largely known as a crossroads of Kentucky as I-65 in Elizabethtown intersects with the Western Kentucky Parkway (stretching 138 miles west to Eddyville, Kentucky) and the Bluegrass Parkway (105 miles east to Lexington, Kentucky). The city also serves the greater Fort Knox area, home to the United States Army Human Resources Department, the United States Army Cadet Command, and the United States Army Accessions Command.

Elizabethtown is a major Kentucky city and county-seat of Hardin County, which encompasses over 100,000 in population.

Attachments & Media

Additional Details

Nearest MSA: Elizabethtown-Fort Knox
County: Hardin
Zoning: COMMERCIAL

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,455 25,037 47,844
Median Age: 35.58 36.34 37.14
Households: 1,116 10,630 18,916

Contact

Photograph of Listing Agent

Brooks K Mayer

Hogan Real Estate KCREA Member
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