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10180 Us Highway 27 S, Waynesburg, KY, 40489

Dark Family Dollar

$881,080

Key Information

Cap Rate
10%
$ per SF
$104
Tot. SF
8,464
Lot Size
0.92 Acres
Year Built
2014
Term Remaining
± 3 Years
Type
Retail
NOI
$88,108

Highlights

• Premium Cap Rate: Offered at a highly attractive 10% capitalization rate with an asking price of $881,080, providing double-digit returns and a low barrier to entry for a corporate-backed asset.
• Guaranteed Corporate Cash Flow: Family Dollar has vacated the premises but remains fully obligated to pay the $88,108 in annual rent for the remaining three years of the lease term.
• Upcoming Rent Bump (November 2026): The lease features a scheduled CPI-based rent increase (capped at 6%) arriving this November.
• Corporate Guarantee: The lease is fully backed by a corporate guarantee from Family Dollar Stores, Inc., ensuring maximum financial security and rent continuity despite the store being dark.
• Absolute NNN Lease: The property operates under an absolute triple-net lease, meaning the tenant remains responsible for all taxes, insurance, and maintenance without any landlord responsibilities, set-offs, or deductions.
• Strategic Highway Frontage: Located directly on US Highway 27 S, the primary north-south commercial and commuter artery for the area. The site offers excellent visibility, accessibility, and signage opportunities for future users.
• Flexible Repositioning Potential: The existing discount-retail footprint and clear-span box layout make this an ideal, move-in-ready retrofit opportunity for auto parts retailers (like O’Reilly or AutoZone), dollar store competitors, local medical clinics, or regional hardware stores.
• Zero Operations Risk: Investors can enjoy a completely passive, hands-off income stream while finalizing long-term redevelopment plans for the site.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 221925, 239410 (KY)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203