Offering Memorandum

Investment Sale

Family Dollar

8791 KY-1
Grayson, Kentucky

eCode:067i

Sales Price

$1,321,920

NOI

$99,144

Cap Rate

7.50%

Lease Expiration

9/30/2029

Building Size

9,190 SF

Lot Size

0.93 AC

Year Built

2019

Highlights

  • 2019 Construction
  • Strong Credit Tenant
  • Options – Six (6) Five (5) Year Options with 4.00% Rent Increases
  • Ideal Demographics

Radius 1 mile 3 mile 5 mile
Population Density 135 1,172 3,117
Household Income $63,079 $70,088 $68,576
Daytime Pop 2 28 102

SIMILAR PROPERTIES

Single-Tenant
2710 Salem Ave
925 Woodville Rd
Dayton & Toledo, Ohio

Dayton, OH: $1,833,333
Toledo, OH: $1,866,667 | Dayton, OH: 13,905 SF
Toledo, OH: 15,048 SF
Single-Tenant
40 Catherwood Rd
Ithaca, New York

$5,786,957 | 126,000 SF
Single-Tenant
30755 Montpelier
Madison Heights, Michigan

$4,000,000 | 26,595 SF
Single-Tenant
2150 Executive Hills Ct
Auburn Hills, Michigan

$18,181,416 | 114,830 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement