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550 W US 62 Hwy
Princeton, KY 42445
Dollar Tree Anchored Center · Retail Property For Sale
Investment Highlights
- • 38,600sf Shopping Center anchored by Investment Grade Dollar Tree (S&P “AA”)
- • Low price per square foot Purchase Price at $56/sf
- • Below Market Rents
- • Just off Interstate 69 in the County Seat of Caldwell, Princeton Kentucky
- • High Cap Rate of 9.5% cap on Actual Income after deductions for Vacancy, Mgt and Reserves
- • Additional Land for development
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
25,000 SF
Building Class
B
Year Built
1994
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.08
Lot Size
7.09 AC
Zoning
B3-HBD
Parking
308 Spaces (13.24 Spaces per 1,000 SF Leased)
Frontage
333’ on US 62 Hwy
Amenities
- Freeway Visibility
- Signage
- Tenant Controlled HVAC
Property Taxes
| Parcel Number | 38-9U | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $520,000 |
Property Taxes
Parcel Number
38-9U
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$520,000
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