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Dollar General | Low Rent | Recent Extension

3403 Camargo Rd, Mount Sterling, KY 40353

Listing Price: $629,000

Cap Rate
8.01%
Tenant Name
Dollar General
Years Remaining On Lease
5.5
Guarantor
Corporate Guarantee
Rentable SF
8,625
Lease Type
Double Net
Rent Per Square Feet
$6.48

Investment Overview

Marcus & Millichap is pleased to present this Dollar General in Mount Sterling, Kentucky. This store was built-to-suit for Dollar General in 1999 and features a concrete parking lot. Dollar General just renewed their lease for another five years with a 5 percent rent increase, signaling their commitment to this location.

Investment Highlights

  • Approximately 8,625 Square Feet Built-to-Suit for Dollar General in 1999
  • Dollar General Just Renewed Another Five Years in September 2025 with a 5 Percent Rent Increase
  • Extremely Low Rent: $6.48 per Square Foot and $55,906 per Year
  • Double Net Lease With Reimbursement Caps Through 9/30/2031
  • Corporate Guarantee with Over 20,000 Locations

Exclusively Listed By

Broker of Record

  • Grant Fitzgerald

    Managing Director, Market Leader- Ohio

    (502) 329-5900

    License(s) KY: 286261

    Kentucky

Discount

Dollar General | Low Rent | Recent Extension

Listing Price: $629,000

Cap Rate
8.01%
Tenant Name
Dollar General
Years Remaining On Lease
5.5
Guarantor
Corporate Guarantee
Rentable SF
8,625
Lease Type
Double Net
Rent Per Square Feet
$6.48

Investment Highlights

  • Approximately 8,625 Square Feet Built-to-Suit for Dollar General in 1999
  • Dollar General Just Renewed Another Five Years in September 2025 with a 5 Percent Rent Increase
  • Extremely Low Rent: $6.48 per Square Foot and $55,906 per Year
  • Double Net Lease With Reimbursement Caps Through 9/30/2031
  • Corporate Guarantee with Over 20,000 Locations

Investment Overview

Marcus & Millichap is pleased to present this Dollar General in Mount Sterling, Kentucky. This store was built-to-suit for Dollar General in 1999 and features a concrete parking lot. Dollar General just renewed their lease for another five years with a 5 percent rent increase, signaling their commitment to this location.

Exclusively Listed By

Broker of Record

  • Grant Fitzgerald

    Managing Director, Market Leader- Ohio

    (502) 329-5900

    License(s): KY: 286261

    Kentucky

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