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Dollar Tree 715 Robert L Draper Way 12,500 SF Retail Building Greenville, KY 42345 $1,572,581 ($125.81/SF) 7.75% Cap Rate



INVESTMENT HIGHLIGHTS
- Brand New 10 Year Double Net (NN) Lease.
- Prime Site Location in Greenville KY Area, Seeing 12,436 Cars Per Day.
- 12,500 SF Free Standing Building, Minimal Landlord Responsibilities.
- Surrounded by National Tenants & Residential.
EXECUTIVE SUMMARY
Fortis Net Lease is pleased to present this 12,500 SF retrofit Dollar Tree store located in the thriving area of Greenville, KY. The property is secured with a ten (10) year double net lease, leaving minimal landlord responsibilities. The lease contains three (5) year options to renew, each with $0.50 PSF rent increase. The lease is corporately guaranteed by Dollar Tree Corporation which holds a credit rating of “BBB” which is classified as investment grade. This is ideal for retail investors seeking a turnkey property with a guaranteed return!
This Store is highly visible as it is strategically positioned off of W Everly Brothers Blvd which is a high trafficked road seeing 12,436 cars per day by the site. The 10-mile population is 26,042 with a 3-mile average household income of $74,763. The site is on a main throughfare through town & surrounded by national tenants - making it easily accessible and well traveled. This investment will offer a new owner success due to the financial strength and the proven profitability of the tenant, one of the nation’s top dollar stores.
This Store is highly visible as it is strategically positioned off of W Everly Brothers Blvd which is a high trafficked road seeing 12,436 cars per day by the site. The 10-mile population is 26,042 with a 3-mile average household income of $74,763. The site is on a main throughfare through town & surrounded by national tenants - making it easily accessible and well traveled. This investment will offer a new owner success due to the financial strength and the proven profitability of the tenant, one of the nation’s top dollar stores.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
12,500 SF
Building Class
C
Year Built
2025
Price
$1,572,581
Price Per SF
$125.81
Cap Rate
7.75%
NOI
$121,875
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.39 AC
Opportunity Zone
Yes
Zoning
C-2 - Commercial
Parking
53 Spaces (4.24 Spaces per 1,000 SF Leased)
Frontage
339’ on Robert L Draper Way
PROPERTY TAXES
| Parcel Number | 108-04-05-006.001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,050,000 |
PROPERTY TAXES
Parcel Number
108-04-05-006.001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,050,000
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Dollar Tree | 715 Robert L Draper Way
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