Dollar General for Sale in Barbourville, KY
Barbourville, KY
Key Investment Metrics
Price
$1,076,125
Cap Rate
8.0%
Net Operating Income
$86,090
Building Size
9100 SF
Land Area
2.61 Acres
Remaining Term
2.6 years
Lease Expiration
02/28/2029
Lease Term
10 years
Lease Commencement
02/24/2019
Lease Type
NN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2019
Occupancy
100%
Tenancy
Single
Rent Increases
In Option Periods
Property overview
Dollar General in Barbourville
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 9,100 SF
- Land area
- 2.61 acres
- Year built
- 2019
- Lease type
- NN
- Lease expiration
- 02/28/2029
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.