30 Blackwater Rd London, KY 40744

This exceptional investment opportunity presents a 9,026 square foot Dollar General store located at 30 Blackwater Rd, London, KY 40744. Built in 2020, the property boasts a strong 7.15% cap rate and a substantial net operating income (NOI) of $79,865. The absolute NNN lease, featuring a corporate guarantee from Dollar General, significantly minimizes landlord responsibilities. With a remaining lease term of 10.7 years, extending to July 20, 2035, and five 5-year renewal options, this investment offers exceptional long-term stability. The property benefits from a prime location, situated on the corner of East Laurel Road and Blackwater Road, experiencing over 1,900 vehicles per day. The surrounding area demonstrates strong demographics, with an estimated population of 5,600 within a 5-mile radius and an average household income of $63,612. Dollar General is the sole corporate tenant in the immediate area, eliminating direct competition. The asking price is $1,116,993, translating to a price per square foot of $123.75. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with a recession-resistant tenant and a proven track record of success. The property is classified as a convenience store, grocery store, and shopping center.