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
4007 S Saginaw St
Burton, Michigan

$1,440,441 | 10,996 SF
Single-Tenant
4101 Telegraph Rd
Bloomfield Hills, Michigan

$3,517,046 | 7,144 SF
Multi-Tenant
51347-51405 Gratiot Ave
Chesterfield Twp, Michigan

$9,696,488 | 66,964 SF
Multi-Tenant
22004-22128 Farmington Rd
Farmington, Michigan

Unpriced | 85,168 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement