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Dollar General 301 Crab Orchard Rd 9,228 SF Retail Building Somerset, KY 42503 $1,245,214 ($134.94/SF) 7% Cap Rate
Investment Highlights
- Approximately 6.5 Years Remaining in the Initial 15 Year Lease Term (Lease Exp: 01/31/2033)
- 2018 Build to Suit Construction | 9,228 SF Building on 1.065 Acre Parcel
- Strong Placer.ai Data - 179.9K Annual Visits | Top 17% Nationwide
- Absolute NNN Lease with ZERO Management Responsibilities
- Dollar General Remodeled the Property in April 2025 at Their Sole Cost and Expense
- 7-Mile Trade Area: 40,309 Residents | $77,434 Average Household Income
Executive Summary
Schuchert Retail Group is pleased to exclusively present for sale the 9,228 SF Dollar General located at 301 Crab Orchard Rd, Somerset, KY 42503
In Conjunction With: Brian Brockman (Bang Realty, Inc.?)
KY License #204982
In Conjunction With: Brian Brockman (Bang Realty, Inc.?)
KY License #204982
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
9,228 SF
Year Built
2018
Price
$1,245,214
Price Per SF
$134.94
Cap Rate
7%
NOI
$87,165
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.06 AC
Zoning
Commercial
Parking
30 Spaces (3.25 Spaces per 1,000 SF Leased)
Frontage
200’ on Crab Orchard Rd
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Triple Net
- Jan 2033
Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business created by J.L. Turner and Cal Turner. The company later evolved into a discount retailer and now focuses on everyday essentials, including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor, alongside private brands and well-known national brands. Dollar General also operates DG Market, DGX, and pOpshelf formats in the United States and Mi Súper Dollar General stores in Mexico, while continuing to build a broad convenience-oriented general merchandise business.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Triple Net | Jan 2033 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 060-9-1-33 | Improvements Assessment | $963,000 |
| Land Assessment | $300,000 | Total Assessment | $1,263,000 |
Property Taxes
Parcel Number
060-9-1-33
Land Assessment
$300,000
Improvements Assessment
$963,000
Total Assessment
$1,263,000
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