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Family Dollar 63 Depot Ave 9,100 SF Retail Building Eminence, KY 40019 $775,790 ($85.25/SF) 9.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Long operating history at this location shows a consistent demand for an everyday necessity store.
- Household incomes in the immediate area support strong purchasing power for discount and necessity-based retail.
- Steady Demographics and Growing Consumer Base
- The Eminence trade area shows consistent population growth and rising household counts, particularly within a 1-mile radius.
- The surrounding community is family-oriented and employment-diverse, contributing to steady retail demand.
- Strong National Tenancy with Resilient Business Model
EXECUTIVE SUMMARY
Broker of Record
Kyle Matthews
License # 239410 (KY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # 239410 (KY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,100 SF
Building Class
C
Year Built/Renovated
2007/2018
Price
$775,790
Price Per SF
$85.25
Cap Rate
9.50%
NOI
$73,700
Tenancy
Single
Building Height
1 Story
Zoning
B-1 - Commercial
Parking
21 Spaces (2.31 Spaces per 1,000 SF Leased)
Frontage
281’ on West Broadway
AMENITIES
- Pylon Sign
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 030-30-02-002.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $775,000 |
PROPERTY TAXES
Parcel Number
030-30-02-002.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$775,000
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Family Dollar | 63 Depot Ave
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