Cynthiana, KY - Dollar General
$1,188,000
4118 Ky 36, Cynthiana, KY 41031
For Sale
Retail
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
Location
Gallery
