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DG Market 720 Slate ave

10,640 SF Retail Building Owingsville, KY 40360 $2,357,458 CAD ($222 CAD/SF) 6.75% Cap Rate

Investment Highlights

  • DG “Market” Concept – Absolute NNN Lease
  • Market” Concept Provides Wider Selection of Produce and Grocery Items for Areas Relying on DG
  • Healthy Daily Traffic Counts in Excess of 7,500 Vehicles
  • Store Built in 2022 Leaving 13+ Years Remaining on Current Term
  • Located on Main Retail Corridor – Adjacent Tenants Include McDonald’s, Taco Bell, Dairy Queen and Subway
  • Part of Larger 28-Unit Kentucky Portfolio – Contact Agent for More Details

Executive Summary

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General Market in Owingsville, KY. The subject property was built in 2022. It is located on a main retail corridor and is adjacent to tenants including McDonald's, Taco Bell, Dairy Queen and Subway. This property is part of a larger 28-unit KY portfolio.
Cooperating Broker: Brian Brockman
Bang Realty, Inc | KY #204982
bor@bangrealty.com | (513) 898-1551

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
C
Year Built
2022
Price
$2,357,458 CAD
Price Per SF
$222 CAD
Cap Rate
6.75%
NOI
$159,128 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Land Acres
1.00 AC
Opportunity Zone
Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
043-00-00-037.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$30,440 CAD
  • Listing ID: 31469488

  • Date on Market: 2024-04-10

  • Last Updated:

  • Address: 720 Slate ave, Owingsville, KY 40360

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