Dollar General Market - Net Lease Property for Sale
Brodhead, KY
Key Investment Metrics
Price
$1,699,970
Cap Rate
7.0%
Net Operating Income
$118,998
Building Size
12687 SF
Lot Size
12,687 SF
Land Area
1.33 Acres
Remaining Term
12.9 years
Lease Expiration
11/29/2038
Lease Term
15.1 years
Lease Commencement
11/01/2023
Lease Type
Absolute NNN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2023
Occupancy
100%
Tenancy
Single
Rent Increases
In Option Periods
About This Dollar General Market Net Lease Property
This Dollar General Market NNN (triple net lease) property is located in Brodhead, KY and represents an excellent investment opportunity for commercial real estate investors. The property features 12687 square feet of building space and was built in 2023.
With a cap rate of 7.0%, this Dollar General Market net lease property offers stable income potential. The asking price is $1,699,970, making it an attractive option for 1031 exchange investors seeking quality Dollar General Market commercial properties.
Why Invest in Dollar General Market NNN Properties?
- Stable Income: Dollar General Market net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Dollar General Market is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Brodhead, KY Market Overview
Located in Brodhead, KY, this Dollar General Market property benefits from strong local demographics and market fundamentals. The Brodhead area offers excellent visibility and accessibility, making it an ideal location for Dollar General Market operations and a solid investment for net lease property buyers.