715 Everly Brothers blvd - Convenience Store FOR SALE


Greenville, KY 42345
$1,478,000 USD
678-808-2762
715 Everly Brothers blvd, Greenville, KY for Sale
$1,478,000 USD
Convenience Store - FOR SALE
1/3
null | 8.25% Cap Rate

715 Everly Brothers blvd
Greenville, KY 42345


HIGHLIGHTS

  • Newly renovated Dollar Tree with a new 10-year corporate-guaranteed lease that commenced in July 2025.
  • Investment-grade tenant with a BBB S&P credit rating and more than 9,000 stores nationwide.
  • Limited landlord responsibilities with tenant responsible for taxes, insurance, utilities, HVAC, and routine maintenance.
  • Four 5-year renewal options with scheduled rent increases every five years.
  • Positioned along Highway 189 with traffic counts of approximately 12,436 vehicles per day.
  • Surrounded by national retailers including Walmart Supercenter, Kroger, Tractor Supply, McDonald's, and Walgreens.

OVERVIEW

LOW RENT & PRICE POINT WITH ATTRACTIVE 8.25% RETURN This Dollar Tree has a lower rent & price point of $1.4M and an attractive 8.25% return on investment grade credit. INVESTMENT GRADE TENANT • Dollar Tree is a publicly traded (NASDAQ: DLTR) Fortune 500 company with an S&P investment grade credit rating of BBB. • Dollar Tree has been in business for 70 years and has a current net worth of over $33 billion. • The company operates more than 9,000 Dollar Tree stores across the United States and Canada, making it one of North America’s largest discount retailers. NEWLY RENOVATED DOLLAR TREE • The subject property is a newly renovated 12,500 SF Dollar Tree. The store is open and rent commenced in July 2025. • The roof was replaced in 2020. 10-YEAR CORPORATE LEASE • Dollar Tree signed a new 10-year corporate guaranteed NN Lease. • Tenant is responsible for routine maintenance and repairs of parking lot including resealing, resurfacing, restriping, and sweeping, HVAC, landscaping maintenance, taxes, Insurance, utilities. • There are limited Landlord responsibilities which include roof, structure and parking lot replacement. • The rent increases by $.50/SF every 5 years in each of the four, 5-year option periods. POSITIONED ON HIGHWAY 189 (12,436 VPD) IN GREENVILLE, KY • The subject property is located on Highway 189 that supports 12,436 vehicles per day. • Nearby National Retailers include Kroger, a Walmart Super Center, Tractor Supply, McDonalds, and more. • This Dollar Tree is surrounded by multiple schools with a total of 2,582 students and 163 faculty members. • Greenville is the county seat of Muhlenberg County, serving as the primary commercial, healthcare, and governmental hub for the surrounding rural trade area. • Located approximately 35 miles south of Owensboro and 70 miles northwest of Bowling Green, providing convenient access to major regional markets.

FOR SALE DETAILS

PRICE

$1,478,000 USD

PRICE/SF

$118 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree | 8.25% Return on IG Credit

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

53

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

108-04-05-006.001

ASK ABOUT THIS PROPERTY

Don McMinnMarcus & MillichapMore Info
678-808-2762

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Don McMinnMarcus & MillichapMore Info
678-808-2762

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