Retail

Dollar General - Nortonville, KY

218 Hopkinsville RD Nortonville, KY United States 42442
Asking Price S$832,700
Sq. Footage 8,625
NOI Net Operating Income S$61,210
Cap Rate 7.35%

Attributes

Year Built N/A
Lease Type NN
Lease Expiration 2025-10-31
Tenant DOLLAR GENERAL Corporation
Lot Size 46,174 HECTARES

Property Description

Free-standing Dollar General store for sale located just off I-169 in Nortonville, Kentucky. This Dollar General is the only national retailer in greater Nortonville and has a large customer base due to lack of competition, with the nearest being over 12 miles away. Surrounding properties include numerous gas stations, Do-It-Best Hardware, and H&R Block, as well as the Nortonville City Park and Fire Station and other local traffic drivers. The current landlord has made several capital improvements to the asset in the last year, such as a completely restriped and slurry-sealed parking lot, a brand-new roof with 15-year warranty and brand-new drain system. Dollar General’s exceptional financial track record has made them one of the most sought-after net lease tenants in recent years, and they continue to impress the industry with phenomenal growth of both their store footprint and corporate financials.

Investment Highlights

  • Fee simple interest
  • Dollar General has operated at this location since 2000 and exercised numerous renewals, showing a strong commitment to the location
  • Recently renewed their lease early and extended it to 2025
  • Current landlord implemented recent capital improvements totaling $45,000


Jordan Uttal
Jordan Uttal
VP, Capital Markets
Licensed in
CA - 1856260
Douglas Owen
Douglas Owen
SVP, Brokerage
Licensed in
KY - 198490

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.