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Family Dollar (Relocation Store) 1548 S US Highway 421 12,650 SF Retail Building Harlan, KY 40831 $995,000 ($78.66/SF) 7.95% Cap Rate
INVESTMENT HIGHLIGHTS
- Relocation from In-Line Store within the Market | 2017 Complete Renovation to H2 Model | New Roof Installed in 2020 With 20 Year Warranty
- Four, Five-Year Options with Rental Increases in Each | Potential for Long Term Passive Income
- County Seat Location | 26,300+ Residents in Harlan County | Demographics are a Strong Match for Family Dollar’s Core Customer Base
- Larger Format Including Dollar Tree Branded Products | 2+ Years Remaining on Original 10 Year Double Net Lease | Minimal Landlord Responsibilities
- Strong Guarantee | Lease is Backed by Family Dollar / Dollar Tree Corporation
- Located on Main Corridor of US 421 with Over 17,500 VPD | 85% of the Population Within 10-Miles Drives by the Subject Property Along US 421
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Signage
- Monument Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Retailer
- -
- -
- -
Family Dollar is a neighborhood-focused retailer committed to providing everyday essentials at affordable prices. With merchandise typically ranging from $1 to $10, Family Dollar offers a wide selection of competitively priced national brands alongside value-driven private labels. Customers can find food and beverages, paper goods, health and beauty products, pet supplies, home décor, apparel, seasonal items, and personal electronics—all in one convenient location. Family Dollar stores are strategically located in communities across the country, including underserved areas often lacking access to affordable retail options. By placing stores in these neighborhoods, Family Dollar helps improve the availability of essential goods while saving customers time and money. The company’s mission is rooted in delivering value, convenience, and reliability to families seeking quality products on a budget.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
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Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 069-40-00-226.00 | Improvements Assessment | $345,000 |
| Land Assessment | $600,000 | Total Assessment | $945,000 |
PROPERTY TAXES
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Family Dollar (Relocation Store) | 1548 S US Highway 421
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