6888 Us-641Hazel, KY 42049

Property Details for 6888 Us-641

Property type

Retail properties

Property subtype

Grocery and convenience stores

Description

This exceptional investment opportunity presents a portfolio of nine Dollar General stores strategically located across Kentucky and Tennessee. The portfolio boasts a total of nine buildings, all operating under 100% occupancy with NNN leases, eliminating landlord responsibilities. The current annual net operating income (NOI) stands at $703,987, yielding an attractive 6.50% cap rate on an asking price of $10,830,581. Each lease includes five (5) year options with a 10% rent bump in each option period, ensuring consistent and growing income streams. Seven stores are situated in Kentucky, spanning Calloway, McCracken, Marshall, Christian, Carlisle, and Ohio counties, with addresses including 6888 US-641 Hazel, KY 42049

Location Insight

City

Hazel

County

Calloway

State

Kentucky

Latitude

36.5118

Longitude

-88.3268

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