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509 N Main St
Tompkinsville, KY 42167
Fred's: Tompkinsville, KY · Retail Property For Sale

Property Facts
About 509 N MAIN ST , TOMPKINSVILLE, KY 42167
• National Dollar Brand: Fred’s (NASDAQ: FRED) operates discount general merchandise stores which offer pharmaceuticals, household goods, apparel and linens, food and tobacco products, health and beauty aids, and paper and cleaning products. Fred’s will soon operate 244 stores after it’s June announcement to shut down a total of 313 underperforming stores. Headquartered in Memphis, Tennessee, the company’s history traces back to 1947. As of Feb 2, 2019, Fred’s produced FY 2018 revenues of $1.3B. • Get Well Drug & Dollar: Fred’s Inc. owns and operates one additional retail chain. Getwell Drug & Dollar is a convenient pharmacy destination, with 5 locations across Alabama, Tennessee, Kentucky and Mississippi that offers an expanded over-the-counter medication selection, individualized patient care, and more than 1,700 $1 items. • Net Lease: Fred’s Getwell Drug & Dollar’s 12-year net lease has ±6.3 years of primary term remaining with minimal landlord responsibilities. The lease features three 5-year renewal option with a 5% rent increase in each option. • Excellent Access/Visibility: The property is ideally situated with excellent access and visibility on North Main Street (Traffic Count: 10,170 VPD) in Tompkinsville’s primary retail and commercial corridor.
Property Taxes
| Parcel Number | T3-19-11 | Improvements Assessment | $15,000 |
| Land Assessment | $40,000 | Total Assessment | $55,000 |
Property Taxes
Listing ID: 15807286
Date on Market: 4/23/2019
Last Updated:
Address: 509 N Main St, Tompkinsville, KY 42167
The Retail Property at 509 N Main St, Tompkinsville, KY 42167 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
