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2005 E Main St
Cumberland, KY 40823
Family Dollar-Anchored Center · Retail Property For Sale

Investment Highlights

  • 100% leased to three national credit tenants: Family Dollar, Subway and H&R Block
  • Family Dollar lease through January 2033, with four additional five-year extension periods
  • Additional 36,590-square-foot / 0.84-acre tract fronting East Main Street included with the offering
  • Exceptional operating history: Family Dollar has operated at the Property since 1982, Subway since 2002 and H&R Block since 2003
  • 2023 Family Dollar store expansion and prototype renovation modernized the anchor space and enhanced the overall presentation of the center

Executive Summary

Lee & Associates, in association with ParaSell, Inc., is pleased to present the fee-simple opportunity to acquire a 100% leased, Family Dollar-anchored retail investment located at 2005–2007 East Main Street in Cumberland, Kentucky. Offered at $1,253,000 ($82/PSF), the 15,335-square-foot property generates current annualized net operating income of $96,518, representing a 7.70% capitalization rate. The center is occupied by three national credit tenants—Family Dollar, Subway and H&R Block—providing diversified income through a complementary mix of necessity-based retail, quick-service dining and consumer services. The Property is distinguished by an exceptional history of tenant occupancy: Family Dollar has operated at the location since 1982, Subway since 2002 and H&R Block since 2003. Family Dollar occupies 11,310 square feet under a lease extending through January 2033 and completed a store expansion and prototype renovation in 2023, reinforcing its long-term commitment to the location. The offering includes approximately 2.37 acres across two tracts and seven parcels, including a separate approximately 36,590-square-foot, 0.84-acre tract fronting East Main Street. At an accessible acquisition basis, the Property combines durable national tenancy and diversified income with a streamlined, single-building ownership profile.

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,335 SF
Year Built/Renovated
1960/2023
Price
$1,755,516 CAD
Price Per SF
$114.48 CAD
Cap Rate
7.70%
NOI
$135,227 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
2.37 AC

Amenities

  • Freeway Visibility
  • Signage

Property Taxes

Property Taxes

Parcel Number
206-10-26-001.00
Land Assessment
$242,382 CAD
Improvements Assessment
$1,120,840 CAD
Total Assessment
$1,363,222 CAD
  • Listing ID: 41583399

  • Date on Market: 2026-08-06

  • Last Updated:

  • Address: 2005 E Main St, Cumberland, KY 40823

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