REIT Sale | Former Family Dollar & Dollar Tree | 2022 Built | 10K VPD | Owensboro, KY MSA

Highlights:

• 10,656 SF Freestanding Value-Add Retail on 2.048 Acres Available at Substantial Discount Below Replacement Cost
• Built in 2022; Former Family Dollar & Dollar Tree Combo Store with Open Floor, Rear Storage Room, and Side Door for Deliveries
• 10,783 VPD Traffic Count Highway Frontage and Visibility on US-60, Just off Intersection with 4th St (+3K VPD) | 20-minutes to Owensboro
• Surrounding Traffic Generators: DG Market, Crossroads IGA Supermarket, Hancock County Airport, BP, Subway, Shell, Quality Inn, more
• Attractive Demographics with Population of ±27,670 and Annual Household Income of ±$70,188 (10-mile radius)
• Zoned B-2, General Business District with a Variety of Commercial Uses

Description:

Ri Marketplace Online Auction December 8th-10th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2780/reit-sale-former-family-dollar-dollar-tree-2022-built-10k-vpd-owensboro-ky-msa?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2780

Marcus & Millichap and RI Marketplace are pleased to present a vacant, free-standing retail building located at 8240 US Highway 60 W, Lewisport, Hancock County, Kentucky 42351 (the “Property”). Formerly occupied by Family Dollar-Dollar Tree, the Property is being offered significantly below replacement cost, creating an excellent opportunity for owner-users or investors to acquire a highly visible, strategically positioned asset at a compelling basis. FIRST BID MEETS RESERVE!

Built in 2022, the Property consists of a ±10,656-square-foot, single-story free-standing retail building situated on ±89,233 square feet (±2.048 acres) with an asphalt surface parking lot with 49 spaces. The site is strategically positioned with ±196 feet of frontage along US Highway which sees 10,783 vehicles per day (VPD) and just off 4th street which sees approximately 3,156 VPD, ensuring accessibility. Previously operated as a dual-store format, the Property was leased to Family Dollar-Dollar Tree on a triple-net (NNN) basis. The Property presents a value-add opportunity through lease-up at long-term market rates, with CoStar estimating retail rents of $6–$8/SF NNN. Zoned B-2 (General Business District), the Property accommodates a wide range of commercial uses, enhancing its appeal to both a diverse variety of end-users and investors alike.

Lewisport is situated in Hancock County in northwestern Kentucky, along U.S. Highway 60 and the Ohio River, offering strategic regional connectivity in the Owensboro–Henderson metro area. The local economy benefits from a diversified industrial base—including metal fabrication, trucking, and tile manufacturing. Surrounding traffic generators include Dollar General Market, Crossroads IGA Supermarket, BP, Subway, Shell, Quality Inn, Hancock County Airport, along with local restaurants, service providers, and civic institutions that generate consistent daily traffic. With over 27,670 residents and an average household income of ±$70,188 within a 10-mile radius, the area sustains reliable demand for retail, restaurant, and professional service users.


Lamar P. Fisher
Fisher Auction Company Inc.
License: 257072
The platform fee for this transaction is the greater of 5.00% or a minimum of $20,000.

Documents: