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Discount

Dollar General

6542 KY-56, Owensboro, KY 42301

Listing Price: $1,686,560

Cap Rate
5.00%
Tenant Name
Dollar General
Years Remaining On Lease
10.2
Gross SF
9,026
Guarantor
Corporate Guarantee
Rentable SF
9,026
Price/Gross SF
$186.86
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.34

Investment Overview

The property consists of a 9,100 square-foot, freestanding building sitting on .89 acres of land. There are over 10 years left on the current lease term with a 10% rental escalation in each option period. This site provides an extremely well-operated store with a well-established customer base and high sales volume.

Investment Highlights

  • NNN lease to investment grade tenant
  • Positioned in a great area with over 3,500 residents within a 5 mile radius with an average household income of $86,000 makes this an optimal Dollar General location
  • Located at the intersection of Hwy 56 and Hwy 279 in the heart of Owensboro, KY with over 4,000 vehicles passing by daily provides maximum exposure in an ideal location

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KY: 242197

    Kentucky

Financing By

Discount

Dollar General

Listing Price: $1,686,560

Cap Rate
5.00%
Tenant Name
Dollar General
Years Remaining On Lease
10.2
Gross SF
9,026
Guarantor
Corporate Guarantee
Rentable SF
9,026
Price/Gross SF
$186.86
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.34

Investment Highlights

  • NNN lease to investment grade tenant
  • Positioned in a great area with over 3,500 residents within a 5 mile radius with an average household income of $86,000 makes this an optimal Dollar General location
  • Located at the intersection of Hwy 56 and Hwy 279 in the heart of Owensboro, KY with over 4,000 vehicles passing by daily provides maximum exposure in an ideal location

Investment Overview

The property consists of a 9,100 square-foot, freestanding building sitting on .89 acres of land. There are over 10 years left on the current lease term with a 10% rental escalation in each option period. This site provides an extremely well-operated store with a well-established customer base and high sales volume.

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KY: 242197

    Kentucky

Financing By

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