For Sale
$1,149,259

3597 Willailla Rd Brodhead, KY 40409

Kentucky retail property, strong ROI.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a 9,026-square-foot Dollar General store located at 3597 Willailla Rd, Brodhead, KY 40409. Built in 2020, the property boasts a strong 7.15% cap rate and a substantial net operating income (NOI) of $82,172. The absolute NNN lease with a corporate guarantee from Dollar General ensures minimal landlord responsibilities. With 10.3 years remaining on the lease term, plus five 5-year renewal options, this investment offers long-term stability and predictable cash flow. The property's strategic location in Rockcastle County, Kentucky, benefits from an estimated 1,950 vehicles per day passing by and a population of approximately 5,370 within a 5-mile radius. The asking price is $1,149,259, translating to $127.33 per square foot. Dollar General, a highly reputable and recession-resistant tenant with a BBB credit rating, is the sole corporate tenant in the immediate area, eliminating direct competition. This property is situated 48 miles south of Lexington, offering convenient access to a larger regional market. The property is classified as a convenience store, grocery store, and storefront, catering to diverse consumer needs. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with significant long-term potential.

Property Details for 3597 Willailla Rd

Property type
Retail properties, Retail space
Square Feet
9,026 SF
Year Built
2020

Location Insight

City
Brodhead
County
Rockcastle
State
Kentucky
Latitude
37.338805526168
Longitude
-84.451048335786

FAQs

What type of property is this?
Retail property - Kentucky retail property, strong ROI.
Where is the retail property located?
The property is located at 3597 Willailla Rd Brodhead, KY.
What is the asking price?
The asking price for this property is $1,149,259.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3597 Willailla Rd
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