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Family Dollar 105 Violet Rd 8,203 SF Retail Building Crittenden, KY 41030 $1,576,980 ($192.24/SF) 7.75% Cap Rate
Investment Highlights
- Absolute Net Lease
- Cincinnati MSA Location
- Retail & Community Synergy
- Established Retailer with Private-Equity Backing
- Prominent Corner Lot
- Proximity to Major Highways
Executive Summary
Northmarq is pleased to present a rare opportunity to acquire a retail property located at 105 Violet Road, Crittenden, KY 41030 (the “Property”). The Property consists of approximately 9,180 square feet of retail space on a 1.00-acre parcel, leased to Family Dollar under a 15-year absolute net lease with 5+ years of lease term remaining.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,203 SF
Building Class
C
Year Built
2015
Price
$1,576,980
Price Per SF
$192.24
Cap Rate
7.75%
NOI
$122,216
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.25 AC
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 042-00-00-081.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $840,000 |
Property Taxes
Parcel Number
042-00-00-081.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$840,000
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Presented by
Family Dollar | 105 Violet Rd
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