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Family Dollar (Relocation Store) 1548 S US Highway 421 12,650 SF Retail Building Harlan, KY 40831 $1,388,940 CAD ($109.80 CAD/SF) 7.95% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Relocation from In-Line Store within the Market | 2017 Complete Renovation to H2 Model | New Roof Installed in 2020 With 20 Year Warranty
  • Four, Five-Year Options with Rental Increases in Each | Potential for Long Term Passive Income
  • County Seat Location | 26,300+ Residents in Harlan County | Demographics are a Strong Match for Family Dollar’s Core Customer Base
  • Larger Format Including Dollar Tree Branded Products | 2+ Years Remaining on Original 10 Year Double Net Lease | Minimal Landlord Responsibilities
  • Strong Guarantee | Lease is Backed by Family Dollar / Dollar Tree Corporation
  • Located on Main Corridor of US 421 with Over 17,500 VPD | 85% of the Population Within 10-Miles Drives by the Subject Property Along US 421

EXECUTIVE SUMMARY

2017 RENOVATIONS | LARGE FORMAT STORE | HIGH TRAFFIC CORRIDOR

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
12,650 SF
Building Class
C
Year Built
1984
Price
$1,388,940 CAD
Price Per SF
$109.80 CAD
Cap Rate
7.95%
NOI
$110,364 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.80 AC
Parking
61 Spaces (4.82 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Monument Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

Family Dollar is a neighborhood-focused retailer committed to providing everyday essentials at affordable prices. With merchandise typically ranging from $1 to $10, Family Dollar offers a wide selection of competitively priced national brands alongside value-driven private labels. Customers can find food and beverages, paper goods, health and beauty products, pet supplies, home décor, apparel, seasonal items, and personal electronics—all in one convenient location. Family Dollar stores are strategically located in communities across the country, including underserved areas often lacking access to affordable retail options. By placing stores in these neighborhoods, Family Dollar helps improve the availability of essential goods while saving customers time and money. The company’s mission is rooted in delivering value, convenience, and reliability to families seeking quality products on a budget.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - -

NEARBY MAJOR RETAILERS

Starbucks
Huddle House
Food City

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
069-40-00-226.00
Land Assessment
$842,256 CAD
Improvements Assessment
$484,297 CAD
Total Assessment
$1,326,553 CAD
  • Listing ID: 37460593

  • Date on Market: 2025-04-22

  • Last Updated:

  • Address: 1548 S US Highway 421, Harlan, KY 40831

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