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
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
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% |