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Dollar General "Market" 9751 Millard Hwy 12,668 SF Retail Building Pikeville, KY 41501 $1,531,425 ($120.89/SF) 7% Cap Rate
Investment Highlights
- New Development DG "Market" Concept - Pikeville, KY
- Nearly a Full 15-Year Absolute NNN Lease Remaining
- Extremely Passive Lease - Zero Landlord Responsibilities
- Low Price Point - 6.50% CAP
- Large Parcel of 2 Acres that Fronts Millard Hwy Generating Over 12,305 Vehicles/Day
- Located 11 Miles from Downtown Pikeville, Home to the University of Pikeville
Executive Summary
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a DG "Market" in Pikeville, KY. Nearly a full 15-year absolute NNN lease remains.
Cooperating Broker - Brian Brockman - Bang Realty, Inc. - KY #204982
Cooperating Broker - Brian Brockman - Bang Realty, Inc. - KY #204982
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
12,668 SF
Building Class
C
Year Built
2022
Price
$1,531,425
Price Per SF
$120.89
Cap Rate
7%
NOI
$107,199
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
2.09 AC
Opportunity Zone
Yes
Zoning
F1 - Commercial
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Contacts
-
Branson Blackburn -
Chance Hales -
Cody Crist -
Eric Kelley -
Trinity Real Estate Investment Services, LLC
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Dollar General "Market" | 9751 Millard Hwy
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