3849 Dixie Hwy - Freestanding FOR SALE


Dry Ridge, KY 41035
$2,095,000 USD
929-229-2614
3849 Dixie Hwy, Dry Ridge, KY for Sale
$2,095,000 USD
Freestanding - FOR SALE
1/5
null | 7.05% Cap Rate

3849 Dixie Hwy
Dry Ridge, KY 41035


HIGHLIGHTS

  • 2025 Construction | New 15-Year Lease | Corporate Guaranty | Scheduled 5% Rent Escalations | Options To Extend
  • Absolute NNN Lease | Zero Landlord Responsibilities
  • High Visibility Location | Excellent Frontage
  • Proximity To Central Dry Ridge
  • Affluent Demographics
  • Cincinnati MSA | Growing Regional Market

OVERVIEW

SRS National Net Lease is pleased to present the opportunity to acquire the fee simple interest (land & building ownership) in a brand-new, absolute NNN leased Dollar General property located in Dry Ridge, Kentucky, within the Cincinnati MSA. The tenant, Dollar General Partners, a wholly owned entity of Dollar General Corporation (NYSE: DG), recently executed a 15-year lease with five (5-year) renewal options, demonstrating a strong, long-term commitment to the location. The lease includes scheduled 5% rent increases every five years throughout the initial term and option periods, ensuring consistent NOI growth and a hedge against inflation. With an absolute NNN lease structure, the tenant is responsible for all expenses including taxes, insurance, and maintenance, creating an ideal, management-free investment opportunity for passive or out-of-state investors.

FOR SALE DETAILS

PRICE

$2,095,000 USD

PRICE/SF

$197 USD /SF

CAP RATE

7.05%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

Commercial

APN/PARCEL ID

044-01-00-012.00

ASK ABOUT THIS PROPERTY

Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

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Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

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