2800 US-60 Hwy | Morehead, KY 40351
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- LoopNet Team
2800 US-60 Hwy
Morehead, KY 40351
Dollar General · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Investment grade tenant (S&P: BBB) and corporate guarantee from Dollar General Corp. (NYSE: DG), a Fortune 500 company
- Attractive return providing an above average market yield
- E-Commerce and recession proof company
- Absolute NNN lease requiring no landlord responsibilities
- Morehead, Kentucky’s stable and robust economy ensures a strong, constant customer base
- ±4.5 Years of lease term remaining and an additional five, 5 Year options with 10% increases
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,555 SF
Building Class
B
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.10 AC
Zoning
Commercial (3)
Parking
40 Spaces (4.39 Spaces per 1,000 SF Leased)
Frontage
291’ on US 60
PROPERTY TAXES
| Parcel Number | 097-00-00-027.03 | Improvements Assessment | $1,214,833 |
| Land Assessment | $120,000 | Total Assessment | $1,334,833 |
PROPERTY TAXES
Parcel Number
097-00-00-027.03
Land Assessment
$120,000
Improvements Assessment
$1,214,833
Total Assessment
$1,334,833
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