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2005 E Main St
Cumberland, KY 40823
Family Dollar-Anchored Center · Commerce de détail Propriété À vendre


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Faits saillants de l'investissement
- 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
Résumé de l'annonce
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.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Condition de vente
1031 Échange
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
15 335 pi²
Année de construction/rénovation
1960/2023
Prix
1 755 516 $ CAD
Prix par pi²
114,48 $ CAD
Taux de capitalisation
7,70%
Revenu net d’exploitation
135 227 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,15
Taille du lot
2,37 AC
Commodités
- Visibilité de l'autoroute
- Affichage
Impôts fonciers
| Numéro de lot | 206-10-26-001.00 | Évaluation des bâtiments | 1 120 840 $ CAD |
| Évaluation du terrain | 242 382 $ CAD | Évaluation totale | 1 363 222 $ CAD |
Impôts fonciers
Numéro de lot
206-10-26-001.00
Évaluation du terrain
242 382 $ CAD
Évaluation des bâtiments
1 120 840 $ CAD
Évaluation totale
1 363 222 $ CAD
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