7001 Us-421McKee, KY 40447

This exceptional investment opportunity presents a fee-simple ownership of a 12,480-square-foot Dollar General Market located at 7001 US-421, McKee, KY 40447. The property, built in 2023, sits on a 1.16-acre lot and boasts a 100% occupancy rate. The current lease is an absolute NNN, providing significant investor protection, with a remaining term of approximately 13.8 years (expiring September 22, 2038). The lease commenced September 28, 2023, and includes five, 5-year renewal options with a 10% rent increase. The tenant, Dollar General Market, is credit-rated and backed by a corporate guarantee, ensuring consistent income. The property generates a substantial net operating income (NOI) of $110,939, resulting in a compelling 7.00% cap rate. The asking price is $1,584,845, translating to a price per square foot of $126.99 and a price per unit of $1,584,845. This is a larger prototype store, offering a wider selection of goods than a standard Dollar General. This property represents a secure, high-yield investment with a strong tenant and long-term lease.