215 Lock Rd - Freestanding FOR SALE


Butler, KY 41006
$1,500,000 USD
310-303-9870
215 Lock Rd, Butler, KY for Sale
$1,500,000 USD
Freestanding - FOR SALE
1/6
null | 8.75% Cap Rate

215 Lock Rd
Butler, KY 41006


HIGHLIGHTS

  • 5-UNIT FAMILY DOLLAR PORTFOLIO: AVAILABLE INDIVIDUALLY OR AS A PORTFOLIO
  • LONG-TERM LEASES IN PLACE
  • MINIMAL LANDLORD RESPONSIBILITIES
  • CORPORATE GUARANTY FROM FAMILY DOLLAR

OVERVIEW

PORTFOLIO PRICING PRICING: $7,158,000 CAP RATE: 8.75% NOI: $626,325 LEASE TYPE: DOUBLE NET (NN) GUARANTY: CORPORATE BUTLEY, KY PRICING PRICING: $1,500,000 CAP RATE: 8.75% NOI: $131,250 LEASE TYPE: DOUBLE NET (NN) GUARANTY: CORPORATE

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

8.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar | Butler, KY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Freestanding, Storefront, Supermarket

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

310-303-9870

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310-303-9870

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