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28 N KY 3438
Barbourville, KY 40906
New NN Dollar General | Barbourville · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand New 10 Year NN Lease
  • 6.5% Cap Rate
  • Five 5-Year Options with 10% Rental Increases
  • 9,100 SF Store
  • Lease Expiration - 02/28/2029
  • Part of a Larger Portfolio - Contact Agent for Details

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
9,100 SF
Building Class
C
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.17 AC
Zoning
CM - Commercial

AMENITIES

  • Signage
  • Air Conditioning

ABOUT 28 N KY 3438 , BARBOURVILLE, KY 40906

Bailey Switch (Barbourville), KY is located along US-25 (Cumberland Gap Parkway) and has a population of over 3,000. This Dollar General is located on US-25 which as a daily traffic count of 18,015 vehicles per day. It is conveniently located 3 miles from Union College, which has a student enrollment population of over 1,200. SVN Stone Commercial Real Estate and SVN Angelic are pleased to present this excellent 10-Year NN Dollar General investment opportunity in Barbourville, KY. The property is brand new retro-fit construction with the lease commencing February 2019. The NN lease structure includes Dollar General paying $300.00 per month toward maintenance, and can be reconciled at the end of the year. There are five 5-year options with 10% rental increases with each option period.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
088-00-00-003.00
Land Assessment
$120,000
Improvements Assessment
$1,045,770
Total Assessment
$1,165,770
  • Listing ID: 17069520

  • Date on Market: 8/30/2019

  • Last Updated:

  • Address: 28 N KY 3438, Barbourville, KY 40906

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