940 Wilburne K Ross Hwy - Freestanding FOR SALE


Stearns, KY 42647
$1,127,000 USD
720-800-9764
940 Wilburne K Ross Hwy, Stearns, KY for Sale
$1,127,000 USD
Freestanding - FOR SALE
1/4
null | 7% Cap Rate

940 Wilburne K Ross Hwy
Stearns, KY 42647


HIGHLIGHTS

  • Absolute NNN Lease | Zero Landlord Responsibilities
  • Dollar General Corporate Guaranty
  • Contractual Rental Increases | 10% Every 5 Years
  • Extended Store Hours | Strong Customer Demand
  • Essential Daily-Needs Retailer
  • Major Tourism & Recreation Demand

OVERVIEW

Dollar General operates under an absolute NNN lease with zero landlord responsibilities, providing a completely passive investment opportunity with a corporate guaranty from one of the nation's largest discount retailers.

FOR SALE DETAILS

PRICE

$1,127,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | Absolute NNN | Stearns, KY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

C: Commercial

APN/PARCEL ID

122-00-00-013.04

ASK ABOUT THIS PROPERTY

Michael NeilsMatthews Real Estate Investment ServicesMore Info
720-800-9764

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Michael NeilsMatthews Real Estate Investment ServicesMore Info
720-800-9764

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