Dollar General – Princeton, KY

  • $638K
206 N Harrison St, Princeton, KY 42445, USA

Dollar General – Princeton, KY

206 N Harrison St, Princeton, KY 42445, USA
  • $638K

Sub listings

Title Property Type Price Beds Baths Property Size Availability Date
sqft

Description

Marketing Description
This Dollar General serves the city of Princeton, KY from a convenient and centralized area of town. The next Dollar General over 10 miles southwest and there is a Dollar Tree 2 miles west. A portion of the building is currently vacant and a value-add opportunity.
Princeton has a population of 6,114 and is part of Caldwell County. The Kentucky Heritage Council honored Princeton for its significant civic accomplishment in town preservation and historic restoration. The National Trust for Historic Preservation invited Princeton’s “Let’s Paint the Town” program to present their accomplishments in Chicago and Oklahoma City.

Investment Highlights
Corporate Guarantee
Long History of o\Operation
Value Add Opportunity with Available Leasable Space

Details

Updated on October 1, 2019 at 8:31 pm
  • Property ID: 20873
  • Price: $638K
  • Property Size: 9407 sqft
  • Year Built: 2002
  • Property Type: Retail
  • Property Status: For Lease
  • Price Per/Sf: 67.82
  • Lot Size (acres): 501
  • Number of Buildings: 1
  • Number of Stories: 1
  • Tenancy: Single
  • Cap Rate: 7.50%
  • Net Operating Income: 47,825
  • Investment Type: Net Lease

Additional details

  • Sub Type: Value Add
  • Investment Sub Type: Value Add
  • Lease Type: NN
  • Tenant Credit: Corporate Guarantee
  • Lease Expiration: 05/31/2022
  • Remaining Term: 2.7 years
  • Net Rentable (sq ft): 9,407
  • Occupancy: 79%
  • Units: 2
  • Parking (spaces): 32
  • Rent Bumps: No
  • Ground Lease: No
  • Ownership: Free and Clear
  • Address 206 N Harrison St, Princeton, KY 42445, USA
  • City Princeton
  • State/county Kentucky
  • Zip/Postal Code 42445

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Contact Information

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Ian Schroeder
  • Ian Schroeder
  • +1 949-725-8576

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Ian Schroeder
  • Ian Schroeder