226 S Main St
Owenton, KY 40359
Family Dollar | 4 Year Corp Net Lease · Retail Property For Sale

SRS National Net Lease Group is pleased to present the opportunity to acquire Family Dollar, a corporate guaranteed, net leased, investment property located in Owenton, Kentucky. The tenant recently exercised its first 5-year option period, demonstrating their commitment to the location. Family Dollar has just under 4 years remaining in the primary term with 3 (5-year) option periods. Family Dollar is located on Main Street / US Highway 127 (8,600 vehicles per day) with excellent visibility. US Highway 127 is a major north-south highway that connects Owenton, KY to major cities such as Lexington, KY and Cincinnati, OH. Family Dollar is located in the center of town, where it serves as one of the few grocery/variety stores in town. As a result, the property sees large amounts of consumer traffic. In addition, the demographics in the surrounding trade area are perfect for a Family Dollar store, which targets low to middle income consumers in rural areas. The site serves more than 3,800 residents with an average household income of $49,700 located within a 5-mile radius.