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30 Blackwater Rd, London, KY, 40744

DOLLAR GENERAL
$1,116,993

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Highlights

INVESTMENT HIGHLIGHTS

  • Absolute NNN – Zero Landlord Responsibilities
  • Dollar General is Accompanied by an Investment Grade “BBB” Credit Rating
  • Zero Competition in the Area – Dollar General is the Only Corporate Tenant in the Area
  • Recession Resistant Tenant – Dollar General has Been Historically Profitable During Times of Market Uncertainty – Boasting a Silver Globe Business Excellence Award for Their Response to the COVID-19 Pandemic.
  • Located on the Corner of East Laurel Road and Blackwater Road – Sees over ±1,900 VPD
  • Estimated Population of 5,600 Within a 5-Mile Radius
  • Corporate Guarantee
  • Average Household Income of $63,612 Within a 5-Mile Radius
  • Long Lease Term Remaining – ±10.5 Years Remaining on the Current Term

Key Information

Cap Rate
7.15%
Tot. SF
9,026
Year Built
2020
Term Remaining
±10.9 YRS
Type
Retail
NOI
$79,865
0

Agents

Broker of Record

Kyle Matthews

License # 239410 (KY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203