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3403 Camargo Rd
Mount Sterling, KY 40353
Retail Property For Sale
Investment Highlights
- +/- 8,625 Square Feet Built-to-Suit for Dollar General in 1999
- Extremely Low Rent: $6.48 per Square Foot and $55,906 per Year
- Corporate Guarantee with Over 20,000 Locations
- Dollar General Just Renewed Another Five Years in September 2025 with a 5% Rent Increase
- Double Net Lease, With Reimbursement Caps, Through 9/30/2031
Executive Summary
Marcus & Millichap is pleased to present this Dollar General in Mount Sterling, Kentucky. This store was built-to-suit for Dollar General in 1999 and features a concrete parking lot. Dollar General just renewed their lease for another five years with a 5 percent rent increase, signaling their commitment to this location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,625 SF
Building Class
C
Year Built
1999
Price
$629,000
Price Per SF
$72.93
Cap Rate
8.01%
NOI
$50,368
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.86 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Frontage
125’ on Camargo Rd
Property Taxes
| Parcel Number | 033-90-02-006.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $640,000 |
Property Taxes
Parcel Number
033-90-02-006.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$640,000
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