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

Multi-Tenant
1830-1879 172nd Ave
Grand Haven, Michigan

$4,287,781 | 31,034 SF
Multi-Tenant
8747-8751 Brecksville Rd
Brecksville, Ohio

$3,500,000 | 10,603 SF
Single-Tenant
18555 Silver Pkwy
Fenton, Michigan

$2,476,190 | 8,160 SF
Multi-Tenant
4157-4245 E Court St
Burton, Michigan

$8,800,000 | 135,170 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement