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3403 Camargo Rd
Mount Sterling, KY 40353
Dollar General · Retail Property For Sale
Property Facts
About 3403 CAMARGO RD , MOUNT STERLING, KY 40353
Fortis Net Lease is pleased to present this 8,625 SF Dollar General store located in Mt. Sterling, KY. The property is encumbered with a NN Lease with 8 years remaining, leaving limited landlord responsibilities. Dollar General recently extended the lease, showing their commitment to the site. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store is open with rent having commenced on 10/1/1999. This Dollar General is highly visible as it is strategically positioned in Mt Sterling, KY. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 8.00% cap rate based on NOI of $51,519.
Property Taxes
| Parcel Number | 033-90-02-006.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $640,000 |
Property Taxes
