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Family Dollar 63 Depot Ave 9,100 SF Retail Building Eminence, KY 40019 $1,061,032 CAD ($116.60 CAD/SF) 9.50% Cap Rate
Investment Highlights
- Long operating history at this location shows a consistent demand for an everyday necessity store.
- Household incomes in the immediate area support strong purchasing power for discount and necessity-based retail.
- Steady Demographics and Growing Consumer Base
- The Eminence trade area shows consistent population growth and rising household counts, particularly within a 1-mile radius.
- The surrounding community is family-oriented and employment-diverse, contributing to steady retail demand.
- Strong National Tenancy with Resilient Business Model
Executive Summary
Broker of Record
Kyle Matthews
License # 239410 (KY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # 239410 (KY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,100 SF
Building Class
C
Year Built/Renovated
2007/2018
Price
$1,061,032 CAD
Price Per SF
$116.60 CAD
Cap Rate
9.50%
NOI
$100,798 CAD
Tenancy
Single
Building Height
1 Story
Zoning
B-1 - Commercial
Parking
21 Spaces (2.31 Spaces per 1,000 SF Leased)
Frontage
281’ on West Broadway
Amenities
- Pylon Sign
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 030-30-02-002.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,061,525 CAD |
Property Taxes
Parcel Number
030-30-02-002.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,061,525 CAD
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Family Dollar | 63 Depot Ave
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