8646 Liberty RdCampbellsville, KY 42718

For Sale
$1,081,720

Kentucky retail property, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional investment opportunity presents a 9,100-square-foot Dollar General store located at 8646 Liberty Rd, Campbellsville, KY 42718. Built in 2020, this property boasts a strong absolute NNN lease with a corporate guarantee, offering significant investor protection. The lease features a remaining term of 10.4 years, expiring April 30, 2035, with five 5-year renewal options. The property generates a substantial net operating income (NOI) of $77,343, resulting in an attractive 7.15% cap rate. The asking price is $1,081,720, translating to a price per square foot of $118.87. This single-tenant retail property is classified as a convenience store, grocery store, and shopping center, benefiting from its location on Liberty Road, which experiences an estimated 1,500 vehicles per day. The surrounding area has an estimated population of 2,712 within a 5-mile radius. Dollar General, a recession-resistant tenant with a BBB credit rating, provides further investment security. This is a turnkey investment with zero landlord responsibilities. The property's strong financials, long lease term, and creditworthy tenant make it an ideal addition to any portfolio.

Property Details for 8646 Liberty Rd

Property type
Lifestyle centers, Power centers
Square Feet
9,100 SF
Year Built
2020

Location Insight

City
Campbellsville
County
Taylor
State
Kentucky
Latitude
37.363263410397
Longitude
-85.214817334718
8646 Liberty Rd, Campbellsville, Kentucky

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8646 Liberty Rd
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