Family Dollar - Net Lease Property for Sale
Clay City, KY
Key Investment Metrics
Price
$799,945
Cap Rate
9.0%
Net Operating Income
$71,994
Building Size
9180 SF
Lot Size
9,180 SF
Land Area
1.45 Acres
Remaining Term
0.9 years
Lease Expiration
06/30/2027
Lease Term
20 years
Lease Commencement
07/01/2007
Lease Type
NN
Tenant Credit
Corporate Guarantee
Year Built
2007
Occupancy
100%
Tenancy
Single
Rent Increases
In Extended Terms
About This Family Dollar Net Lease Property
This Family Dollar NNN (triple net lease) property is located in Clay City, KY and represents an excellent investment opportunity for commercial real estate investors. The property features 9180 square feet of building space and was built in 2007.
With a cap rate of 9.0%, this Family Dollar net lease property offers stable income potential. The asking price is $799,945, making it an attractive option for 1031 exchange investors seeking quality Family Dollar commercial properties.
Why Invest in Family Dollar NNN Properties?
- Stable Income: Family Dollar net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Family Dollar 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.
Clay City, KY Market Overview
Located in Clay City, KY, this Family Dollar property benefits from strong local demographics and market fundamentals. The Clay City area offers excellent visibility and accessibility, making it an ideal location for Family Dollar operations and a solid investment for net lease property buyers.