3738 Us Highway 68 Benton, KY 42025
High-yield NNN retail investment. Strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- $1,246,953 asking price for a 9,100 SF Dollar General.
- Net lease with corporate guarantee, minimizing landlord responsibilities.
- 10-year remaining lease term (15-year initial term with 5 five-year options), providing long-term stability.
- 6.50% cap rate and $81,052 annual NOI.
- Located at 3738 US Hwy 68, Benton, KY 42025, in a high-traffic area.
- 10% rent bumps in each option period, ensuring future income growth.
Property Details for 3738 Us Highway 68
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 9,100 SF
- Buildings
- 1
- Stories
- 1
Location Insight
- City
- Benton
- County
- Marshall
- State
- Kentucky
- Latitude
- 36.8138037
- Longitude
- -88.362785
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield NNN retail investment. Strong tenant.
- Where is the retail property located?
- The property is located at 3738 Us Highway 68 Benton, KY.
- What is the asking price?
- The asking price for this property is $1,246,953.
- What are key features of this property?
- This property features: $1,246,953 asking price for a 9,100 SF Dollar General.; Net lease with corporate guarantee, minimizing landlord responsibilities.; 10-year remaining lease term (15-year initial term with 5 five-year options), providing long-term stability.
- 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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