7320 US-421 - Retail FOR SALE
Mckee, KY 40447 |
$1,491,273 USD
425-274-6696
7320 US-421
Mckee, KY 40447
HIGHLIGHTS
- Absolute NNN – This is a rare absolute NNN lease for Family Dollar with zero landlord responsibilities, offering 100% passive income
- Attractive Increase Schedule – 10% rental increases in each of the four, 5-year options, which is beneficial to an owner
- Lack of Competition – This is the only Family Dollar location in a 20-mile radius of the property
- Corporate Tenant – The lease of the subject property is a corporate store. Family Dollar operates at over 7,500+ locations throughout the country
FOR SALE DETAILS
PRICE
$1,491,273 USD
PRICE/SF
$159 USD /SF
CAP RATE
7.7%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Family Dollar
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2015
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.04 AC
LAND SF
45,302 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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425-274-6696
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425-274-6696
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