Discount

Dollar General & Kelly Brothers Furniture

206 N Main Cross St, Louisa, KY 41230

Listing Price: $775,000

Cap Rate
9.00%
Tenant Name
Dollar General
Years Remaining On Lease
2.4
Guarantor
Corporate Guarantee
Rentable SF
14,288
Lease Type
Double Net
Rent Per Square Feet
$5.10

Investment Overview

Marcus & Millichap is pleased to exclusively offer Dollar General & Kelly Brothers Furniture located in Louisa, Kentucky. Louisa is located in Eastern Kentucky approximately 140 miles east of Lexington and is the county seat for Lawrence County. This offering is a well-established Dollar General paired a long-standing local furniture store that has been operating in this location for over a decade. The building has had several capital improvements done over the last few years including, roof, parking lot, and HVAC improvements.

Investment Highlights

  • Well-established Dollar General property with tenancy since 2003.
  • No Options remaining and below market rent
  • Additional Rent from Furniture Store on MTM Agreement under market rent

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    License(s): KY: 242197

    Kentucky

Discount

Dollar General & Kelly Brothers Furniture

Listing Price: $775,000

Cap Rate
9.00%
Tenant Name
Dollar General
Years Remaining On Lease
2.4
Guarantor
Corporate Guarantee
Rentable SF
14,288
Lease Type
Double Net
Rent Per Square Feet
$5.10

Investment Highlights

  • Well-established Dollar General property with tenancy since 2003.
  • No Options remaining and below market rent
  • Additional Rent from Furniture Store on MTM Agreement under market rent

Investment Overview

Marcus & Millichap is pleased to exclusively offer Dollar General & Kelly Brothers Furniture located in Louisa, Kentucky. Louisa is located in Eastern Kentucky approximately 140 miles east of Lexington and is the county seat for Lawrence County. This offering is a well-established Dollar General paired a long-standing local furniture store that has been operating in this location for over a decade. The building has had several capital improvements done over the last few years including, roof, parking lot, and HVAC improvements.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    License(s): KY: 242197

    Kentucky

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