Dollar General Anchored Strip Center

DG Kentucky2
DG Kentucky1
Aerial
DOLLAR GENERAL ANCHORED STRIP CENTER
278 N. Main St., Lewisburg, KY

PRICE $365,000
GLA 14,000 SF
PROPERTY TYPE Strip Center
CAP RATE 11.2%
OCCUPANCY 100%
YEAR BUILT 1981
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OFFERING MEMORANDUM
FLYER

BRANDON HAKIMI
brandon@namdarllc.com
(516) 773-0080
DEMOGRAPHICS
Total Population
1 – mi. – N/A
3 – mi. – 1,635
5 – mi. – 3,836
More info in the flyer

INVESTMENT HIGHLIGHTS

  • Dollar General Has Operated At This Location Since 1980’s
  • Dollar General exercised their option early – lease expires June 2022
  • Dollar General has a 10% increase in their rent in July 2017 (NOI = $40,346)
  • Dollar General – National Credit Tenant
  • Roof Replaced In 2013
  • Tenancy includes a Dentist and Video Store. Both occupying their spaces since the 1980’s
  • The visibility of the property benefits from its close proximity to highway 431

City:Lewisburg
State:KY
Square Feet:14,000 SF
Price:$365,000
Cap Rate:11.2%

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