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
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
| Parcel Number | 088-00-00-003.00 | Improvements Assessment | $1,045,770 |
| Land Assessment | $120,000 | Total Assessment | $1,165,770 |
Property Taxes
