14332 Burkesville RdBreeding, KY 42715
- Commercial real estate
- 1,800 SF
Property Details for 14332 Burkesville Rd
- Construction
- FRAME
- Lot size
- 2.00 AC
- Property size (Sq ft)
- 1,800 SF
- Property type
- Commercial real estate
- APN
- 017-00-00-030.01
- APU
- 17000003001
Description
This exceptional investment opportunity presents a 9,100 square foot Dollar General store in Breeding, Kentucky. Built in 2021, the property boasts a strong 7.25% cap rate and a substantial 11.9 years remaining on the original 15-year absolute NNN lease, commencing October 17, 2021, and expiring October 17, 2036. The lease includes five, 5-year renewal options with a 10% rent increase. The tenant, a credit-rated entity with a corporate guarantee, ensures consistent income and minimal landlord responsibilities. Located on a 2-acre lot at 14332 S Burkesville Rd, Breeding, KY 42715, this single-tenant property offers a low price point per square foot ($121.53) and a Net Operating Income (NOI) of $80,178. The property's strategic location, within driving distance of larger towns and cities, provides access to a broad customer base. This asset is part of a larger portfolio and can be purchased individually. The property's strong financials, long-term lease, and minimal management requirements make it an attractive addition to any investment portfolio. This is a turnkey investment with a proven tenant and a secure financial future.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $314,950
- Hospitality
- $288,492
- Educational
- $240,022
- Medical
- $248,277
- Retail
- $373,368
Location Insight
- City
- Breeding
- County
- Adair
- State
- Kentucky
- Latitude
- 36.9552
- Longitude
- -85.442
Property Tax & Assessments
Comparable in this City
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].