230 Us Highway 60 E - Freestanding FOR SALE


Hawesville, KY 42348
$1,150,000 USD
248-419-3808
230 Us Highway 60 E, Hawesville, KY for Sale
$1,150,000 USD
Freestanding - FOR SALE
1/1
null | 7.42% Cap Rate

230 Us Highway 60 E
Hawesville, KY 42348


HIGHLIGHTS

  • Stable, Long Term Cash Flow With 10 Years Remaining on an Absolute NNN Lease
  • 2020 Built-to-Suit
  • 10-Mile Population of 16,293 +/-
  • Dollar General Corporate Guarantee
  • Zero Landlord Responsibilities

OVERVIEW

This offering presents a stable, long-term investment backed by a 10-year remaining absolute NNN lease that delivers dependable, management-free cash flow. Built-to-suit in 2020, the property features zero landlord responsibilities and includes five additional five-year options with a 10 percent rent increase at each renewal, supporting strong future income growth. The surrounding trade area boasts a 10-mile population of approximately 16,293 and a healthy household income averaging over $90,000, reinforcing durable retail demand. As a corporate-guaranteed, investment-grade Dollar General with a BBB credit rating and more than 20,000 locations nationwide, this asset offers exceptional security, performance, and long-term stability for passive investors.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$118 USD /SF

CAP RATE

7.42%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.04 AC

LAND SF

88,950 SF

ZONING

-

APN/PARCEL ID

H3-13-18

ASK ABOUT THIS PROPERTY

Patrick HammondFortis Net LeaseMore Info
248-419-3808

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

Patrick HammondFortis Net LeaseMore Info
248-419-3808

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