1007 Us Highway 119, Baxter, KY 40806
9,100 SF | Retail Building | Baxter, KY 40806 | $758,000 ($83/SF) | 7.56% Cap Rate
For Sale
Active
Asking Price $758,000
- Property Type
-
Retail
- Square Feet
- 9,100 SF
- Price / Square Foot
- $83
Listing Contacts
Matthew Albrecht
Connor Olandt
- Property Info
Property Overview
Broker of Record
Kyle Matthews
License No. 239410 (KY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. 239410 (KY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Details
- Class
- B
- Year Built/Renovated
- 2004/2023
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 29,621 SF
Highlights
- The building was remodeled in 2023 and currently has ±6 years remaining on the lease with three, 5-year options remaining.
- The property is located along the Cumberland River and services many local communities including the Intermont Heights Apartments and is centrally loc
- Dollar General boasts an investment-grade credit rating of BBB (S&P) and a market cap of approximately $30 billion.
- Dollar General has already renewed the lease at this location, demonstrating commitment to the store.
- The landlord has ownership of the 0.55 AC fee simple tract where the building and parking spaces are located and an exclusive right to use a ±15,200sf
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