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Family Dollar | Butler, KY 215 Lock Rd 10,500 SF Retail Building Butler, KY 41006 $2,102,190 CAD ($200.21 CAD/SF) 8.75% Cap Rate
Investment Highlights
- 5-UNIT FAMILY DOLLAR PORTFOLIO: AVAILABLE INDIVIDUALLY OR AS A PORTFOLIO
- MINIMAL LANDLORD RESPONSIBILITIES
- LONG-TERM LEASES IN PLACE
- CORPORATE GUARANTY FROM FAMILY DOLLAR
Executive Summary
PORTFOLIO PRICING
PRICING: $7,158,000
CAP RATE: 8.75%
NOI: $626,325
LEASE TYPE: DOUBLE NET (NN)
GUARANTY: CORPORATE
BUTLEY, KY PRICING
PRICING: $1,500,000
CAP RATE: 8.75%
NOI: $131,250
LEASE TYPE: DOUBLE NET (NN)
GUARANTY: CORPORATE
PRICING: $7,158,000
CAP RATE: 8.75%
NOI: $626,325
LEASE TYPE: DOUBLE NET (NN)
GUARANTY: CORPORATE
BUTLEY, KY PRICING
PRICING: $1,500,000
CAP RATE: 8.75%
NOI: $131,250
LEASE TYPE: DOUBLE NET (NN)
GUARANTY: CORPORATE
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
10,500 SF
Building Class
B
Year Built
2023
Price
$2,102,190 CAD
Price Per SF
$200.21 CAD
Cap Rate
8.75%
NOI
$183,942 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.33 AC
Zoning
C-1 - Commercial
Parking
18 Spaces (1.71 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Family Dollar
- Retailer
- 10,500 SF
- $17.52 CAD
- Double Net
- Feb 2034
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Family Dollar | Retailer | 10,500 SF | $17.52 CAD | Double Net | Feb 2034 |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 038-00-00-049.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $866,102 CAD |
Property Taxes
Parcel Number
038-00-00-049.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$866,102 CAD
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Videos
Matterport 3D Exterior
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Photos
Street View
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Map
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Family Dollar | Butler, KY | 215 Lock Rd
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