3738 Us Highway 68Benton, KY 42025

Property Details for 3738 Us Highway 68

Lot size

1.34 AC

Property type

Other commercial real estate

APN

55-00-00-103.03

APU

55000010303

Description

This exceptional investment opportunity presents a 9,100-square-foot Dollar General convenience store located at 3738 US Hwy 68, Benton, KY 42025. The property boasts a 15-year lease, with 10 years remaining until October 31, 2034, and five 5-year renewal options, each with a 10% rent increase. The current lease commenced October 27, 2019. The property is a single-story building situated on commercially zoned land. The tenant, Dollar General, is backed by a corporate guarantee, ensuring consistent income. The Net Operating Income (NOI) is $81,052, yielding a 6.50% capitalization rate. The asking price is $1,246,953, translating to $137.03 per square foot. This 100% occupied property offers a low-maintenance, passive income stream, making it an ideal investment for 1031 exchange purposes. The property is a single-tenant, NNN (triple net) lease, meaning the tenant is responsible for all operating expenses, minimizing landlord responsibilities. This is a prime opportunity to acquire a stable, high-performing retail asset with a strong national tenant.

• Alternative Use

  Use

  Valuation

  Residential

  $15,271,621

  Hospitality

  $13,988,722

  Educational

  $11,638,453

  Medical

  $12,038,717

  Retail

  $18,104,260

Location Insight

City

Benton

County

Marshall

State

Kentucky

Latitude

36.8888

Longitude

-88.2944

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].