This “dark” Family Dollar, located in Magnolia, KY is a “diamond in the rough” for an opportunistic investor. This store, built in 2022, though vacant, has a corporate guarantee with 7 years remaining! The astute investor has the opportunity to collect rent while seeking a new tenant to repurpose the location. This attractive ±10,500 SF store is situated on a large ±1.5-acre parcel. There are limited landlord responsibilities which include roof, structure and parking lot capital expenses. The tenant reimburses the landlord for all property tax and property insurance. Magnolia is located in central Kentucky, about 9 miles east of Interstate 65 and about thirty minutes south of Elizabethtown and Ft. Knox and one hour from Louisville. The 10 mile population is 17,215 with an average household income of $68,789. In July of 2025, Dollar Tree sold Family Dollar and Family Dollar/Dollar Tree stores to two private equity firms which included over 7,500 stores in 49 states. This “diamond in the rough” will provide an investor with steady cash flow and the opportunity to re-purpose the location at an incredible price of $1,200,060 and cap rate of 9.2%.