8708 Ky-7 Viper, KY 41774
Kentucky Retail Property, High Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Freestanding Family Dollar store in Viper, KY, built in 2019.
- 8,320 square foot building on a 1.6-acre lot at 8708 KY-7, 41774.
- 9.25% cap rate, $97,582 NOI, $1,055,000 asking price ($126.80/SF).
- Triple-net (NNN) lease with Family Dollar Stores, Inc. corporate guarantee; approximately 4.4 years remaining, plus six 5-year options with $0.50/SF rent increases.
- Zero dollar store competition within a 15-minute drive.
Property Details for 8708 Ky-7
- Property type
- Retail properties, Retail space
- Square Feet
- 8,320 SF
- Year Built
- 2019
- Lot Size (sq. ft)
- 69,696 SF
Location Insight
- City
- Viper
- County
- Perry
- State
- Kentucky
- Latitude
- 37.15595724
- Longitude
- -83.08836804
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Kentucky Retail Property, High Cap Rate
- Where is the retail property located?
- The property is located at 8708 Ky-7 Viper, KY.
- What is the asking price?
- The asking price for this property is $1,055,000.
- What are key features of this property?
- This property features: Freestanding Family Dollar store in Viper, KY, built in 2019.; 8,320 square foot building on a 1.6-acre lot at 8708 KY-7, 41774.; 9.25% cap rate, $97,582 NOI, $1,055,000 asking price ($126.80/SF).
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