Overview

Description

SVN Stone Commercial Real Estate is pleased to present this excellent Dollar General Plus investment opportunity in Mouthcard, KY. This property was constructed in 2022 and is subject to a 15-Year NNN Lease with Dollar General Corporation. There are over 13 years remaining on the initial term of the lease with five 5-year options to renew. Eastern KY has high barriers to entry for new development due to the mountainous terrain, and this property is well located among other businesses in the community being strategically located on HWY 1499, where traffic comes south into Mouthcard and north out of town.

For additional information please contact Nathan Dilly at nathan.dilly@svn.com or 859-420-5492 or Weston Lockhart at weston.lockhart@svn.com or 859-317-3538.

This retail opportunity lies in the heart of Mouthcard, Kentucky, nestled within the picturesque Pike County. This prime location offers the perfect blend of rural charm and accessibility, making it an ideal destination for both locals and visitors alike. Mouthcard lies east of Pikeville, KY and is locatd on the Kentucky-Virginia border. This site is located along North Levisa Road with traffic counts of (####) VPD. Nearby businesses include Community Trust Bank, Family Dollar, Mouthcard Deli, and USPS.

Highlights

• 6.70% Cap Rate
• Annual Rent: $92,822
• NNN Lease with 13+ Years Remaining
• Corporate Guarantee: Dollar General Corporation
• 1,600+ VPD

Documents

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