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- LoopNet Team
1360 Highway 259 N
Brownsville, KY 42210
Retail Property For Sale
PROPERTY FACTS
Amenities
- Pylon Sign
- Signage
About 1360 Highway 259 N , Brownsville, KY 42210
The subject property is a triple net leased free standing newly constructed Dollar General. There are over 12 years remaining on an initial 15 year term. The lease is NNN with zero landlord responsibilities. There are 5 five year options each with a 10% increase. The lease is guaranteed by Dollar General (NYSE:DG) which has an investment grade credit rating of S&P BBB. The property is being offered at a 6.75% cap rate. The subject property is located in Brownsville, KY along the main retail corridor adjacent to several national retailers.
PROPERTY TAXES
Parcel Number | 30221 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $1,722,624 |
PROPERTY TAXES
Listing ID: 6613584
Date on Market: 2017-04-04
Last Updated:
Address: 1360 Highway 259 N, Brownsville, KY 42210