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Investment Highlights

  • Brand New 15-Year Lease | Scheduled Rental Increases | New Construction
  • Limited Competition | Along Scottsville Rd | Excellent Visibility
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Strong Demographics in 5-Mile Trade Area

Executive Summary

This newly constructed Dollar General offers a compelling net lease investment opportunity in Glasgow, Kentucky. Delivered in 2026, the property is secured by a brand-new 15-year absolute NNN lease with corporate guarantee, ensuring zero landlord responsibilities and long-term income stability. Scheduled rental increases and multiple option periods enhance the property’s long-term return profile.
Located along Scottsville Road, the site benefits from traffic counts of approximately 5,600 VPD and enjoys excellent visibility with significant street frontage. Limited competition in the immediate area makes this store a key destination for convenience and daily goods, serving both local residents and travelers through the corridor.
The 100% occupied asset spans over two acres, featuring ample parking and modern construction designed to Dollar General’s current specifications. Glasgow, a growing market in south-central Kentucky, is supported by a stable economic base, access to regional highways, and proximity to Bowling Green, expanding the trade area’s reach.
With a fee simple ownership structure, zero management responsibilities, and a strong national credit tenant, this property aligns with the goals of investors seeking passive income secured by a high-demand retailer.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
9,100 SF
Year Built
2026
Price
$2,364,960 CAD
Price Per SF
$259.89 CAD
Cap Rate
6.65%
NOI
$157,296 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.20 AC
Parking
30 Spaces (3.3 Spaces per 1,000 SF Leased)
Frontage
191’ on Scottsville Road
Not walkable
10/100
Exceptionally drivable
100/100

Property Taxes

Property Taxes

Parcel Number
38-4K
Land Assessment
$177,905 CAD
Improvements Assessment
$0 CAD
Total Assessment
$177,905 CAD
  • Listing ID: 40157800

  • Date on Market: 2026-04-15

  • Last Updated:

  • Address: 10221 Scottsville rd, Glasgow, KY 42141

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