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
MICHIGAN, FLORIDA, ILLINOIS, INDIANA,
VIRGINIA, MISSOURI, North Carolina

Unpriced | 662,257 SF
Multi-Tenant
1143-1161 Williams Reserve Blvd
Wadsworth, Ohio

$5,119,252 | 45,525 SF
Single-Tenant
408 W Maumee St
Adrian, Michigan

$1,732,143 | 19,833 SF
Multi-Tenant
4025 24th Ave
Fort Gratiot, Michigan

$10,200,000 | 86,923 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement