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Cynthiana, KY - Dollar General

$1,188,000

4118 Ky 36, Cynthiana, KY 41031

Active
Last Updated: 03/08/2025

7

Cap Rate

83,225

NOI

Details:
Cap Rate:    7%
NOI:    $83,225
Building Size:    9,100 sqft
Lot Area:    1.55 acres
Year Built:    2020
Zoning:    General Commercial
Description:

• The tenant currently has over 11 years remaining with 3 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases at the beginning of each option period, growing NOI and hedging against inflation
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,345 locations in 47 states as of August 2024

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