Cap Rate
8.89%
$ per SF
$60
139 Keen St, Burkesville, KY, 42717
Dollar General$550,000
Key Information
Tot. SF
9,100
Lot Size
1.41 Acres
Year Built
2003
Term Remaining
± 5.75 Years
Type
Retail
NOI
$48,899
Highlights
- Early Extension: Tenant exercised final 5-year option early, in June of 2025, extending the lease expiration through 01/31/2032
- Rent Increase: 10% rental increase to take affect on 02/01/2027 in conjunction with the final 5-year option period
- Long-term Occupancy: Dollar General has +23 years of occupancy history at this site, having extended their lease 4 times
- Double Net (NN+) Lease: Tenant reimburses for CAM & Property Taxes
- Minimal Landlord Responsibility: Tenant directly pays insurance premiums, while landlord is responsible for “applicable insurance deductible amounts” in the event of an applicable insurance claim
- Brank Ranking: Ranked in the top 73 rd percentile of Dollar General locations in the state of Kentucky (Source:AlphaMap.com)
Photos
Location
Agents
D
Davis JohnsonLicense # 814048 (TX)
L
Lee CordovaLicense # 714883 (TX)
Broker of Record
Kyle Matthews
License # 239410, 221925 (KY)Matthews Real Estate Investment Services, Inc1600 West End Ave, Ste. 1500 Nashville, TN 37203