Commercial Real Estate in Kentucky available for sale
NNN Properties For Sale

NNN Properties for Sale in Kentucky, USA

More details for Dollar General NNN Portfolio-Corp. Guar. – Retail for Sale

Dollar General NNN Portfolio-Corp. Guar.

  • NNN Property
  • Retail for Sale
  • $27,606,423 CAD
  • 114,252 SF
  • 11 Retail Properties

Portfolio of properties for Sale - Cass County

Marcus & Millichap is pleased to present a net leased investment opportunity consisting of 14 newer construction, corporate-guaranteed Dollar General stores across seven states: New York, Pennsylvania, Illinois, Iowa, Missouri, Minnesota, and Kentucky. These properties feature absolute NNN leases with zero landlord responsibilities, providing passive income streams backed by Dollar General's investment-grade credit rating. The stores are strategically located in growing communities within established metropolitan statistical areas and rural markets. The portfolio emphasizes locations in small towns and rural areas with strong economic drivers such as manufacturing, healthcare, education, and retail trade. For instance, the Hemlock, NY property is situated near Hemlock Lake, benefiting from proximity to Rochester and educational institutions like SUNY Geneseo, with a 5-mile population of 30,000+ and AHHI of $92,000+. The Lansing, NY store, near Ithaca and Cornell University, serves a vibrant economy with a 13.9% population growth since 2000, a 5-mile population of 40,000+, and AHHI exceeding $109,000. In Pennsylvania, the properties in Josephine, Hopewell, and Kittanning cater to rural demographics with economies driven by retail trade (up to 20%), education, and manufacturing. Kittanning, for example, has a 5 MI population of 17,000+ and AHHI of $66,000+, with low unemployment at 3.6%. Iowa's Northwood and Belle Plaine stores are in communities with manufacturing leading employment, low unemployment (about 2.5%), and growth potential near colleges like Riverland Community College. In Missouri, Webb City and Harrisonville show strong population growth (36.5% and 11.6% since 2000). The Litchfield, MN property benefits from a manufacturing-heavy economy and proximity to St. Cloud State University. Kentucky's Topmost, Breeding, and Manchester stores serve rural markets near educational hubs like Hazard Community and Technical College. These properties offer attractive cap rates with corporate NNN leases featuring 10% rent increases every option term, ensuring built-in growth. With WALT of just under 11 years remaining on leases (expiring 2036–2038), the portfolio underscores Dollar General's commitment to serving underserved rural markets. Dollar General Corporation (NYSE: DG), headquartered in Goodlettsville, Tennessee, is a leading discount retailer with over 20,388 stores across 48 states. Backed by an investment-grade credit rating (BBB from S&P, Baa2 from Moody's), the company reported $40.61 billion in revenue for fiscal 2025 and employs 194,000+ people. Recent results show 4.6% net sales growth and 43.8% EPS increase in Q3 2025, making it a reliable tenant for investors. Founded in 1939, Dollar General focuses on everyday essentials at competitive prices, thriving in economic cycles and expanding in high-demand areas like these. Broker of Record: IA: Jon Ruzicka|1601 Utica Avenue South, Suite 301|Minneapolis, MN 55416|P: (952) 852-9700|Lic #: B63379000 IL: Steven Weinstock|Designated Managing Broker|Steven.Weinstock@marcusmillichap.com|(630) 570-2200|Lic#:471.011175 KY: Grant Fitzgerald|9300 Shelbyville Rd., Ste. 350|Louisville, KY 40222|P: (502) 329-5900|Lic.# 286261 MN: Jon Ruzicka|1601 Utica Avenue South, Suite 301|Minneapolis, MN 55416|P: (952) 852-9700|Lic #: 40583288 MO: David Saverin|7800 Forsyth Blvd., Ste. 710|St. Louis, MO 63105|P: (314) 889-2500| Lic #: 2008013520 NY: John Horowitz|260 Madison Ave., 5th Floor|New York, NY 10016|P: 212-430-5261|Lic.# 10311204479 PA: Timothy Stephenson, Jr.|2005 Market St., Suite 1510|Philadelphia, PA 19103|Lic. #: RMR006104|Firm Lic. #: RB062197C| P: (215) 531-7000

Contact:

The Sandelin Group

Date on Market:

2026-06-19

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More details for 2671 Owingsville Rd, Mount Sterling, KY - Industrial for Sale

Basin Industries - 2671 Owingsville Rd

Mount Sterling, KY 40353

  • NNN Property
  • Industrial for Sale
  • $8,268,798 CAD
  • 75,795 SF
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More details for 10405 Southpointe Blvd, Louisville, KY - Retail for Sale

Panera Bread | 9+yrs Remain NNN w/ Incrs - 10405 Southpointe Blvd

Louisville, KY 40291

  • NNN Property
  • Retail for Sale
  • $5,624,012 CAD
  • 4,430 SF
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More details for 400 E Mountain Pky, Salyersville, KY - Retail for Sale

Advance Auto Parts | Corp NNN - 400 E Mountain Pky

Salyersville, KY 41465

  • NNN Property
  • Retail for Sale
  • $1,790,942 CAD
  • 9,765 SF
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More details for 2525 US Highway 41 N, Henderson, KY - Retail for Sale

Subway w/ Drive Thru | 15yr NNN - 2525 US Highway 41 N

Henderson, KY 42420

  • NNN Property
  • Retail for Sale
  • $1,419,130 CAD
  • 1,947 SF
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More details for 2400 Patriot Run, Owensboro, KY - Retail for Sale

2400 Patriot Run

Owensboro, KY 42303

  • NNN Property
  • Retail for Sale
  • $4,895,998 CAD
  • 6,116 SF
  • Air Conditioning

Owensboro Retail for Sale

Property Overview: Firestone Complete Auto Care, located at 2400 Patriot Run in Owensboro, KY, is an absolute net lease investment with 9.5 years remaining on the original 15-year lease, set to expire on November 30, 2035. The property is strategically positioned just off the major interchange of US Route 60 and KY Highway 54, offering excellent visibility and accessibility. It is surrounded by prominent national retailers, including Meijer Supermarket and Menards. Lease & Tenant Information: The lease is guaranteed by Bridgestone Retail Operations, LLC, a wholly owned subsidiary of Bridgestone Americas. Bridgestone Retail Operations holds strong credit ratings, with an “A” from S&P and an A1 from Moody’s. The lease includes 5% rent escalations every five years. Bridgestone Retail Operations (BSRO) is the world’s largest company-owned auto care and tire store network, operating over 2,200 locations across the United States. Headquartered in Nashville, TN, BSRO generates estimated annual revenue of $222.8 million. Firestone Complete Auto Care is its flagship brand, with more than 1,700 locations nationwide. Other brands under the BSRO umbrella include Tires Plus, Hibdon Tires Plus, and Wheel Works. Market Overview: Owensboro, KY Owensboro is a vibrant riverfront city located in Daviess County along the southern banks of the Ohio River. With a population of approximately 60,000, it ranks as Kentucky’s fourth-largest city. Known for its rich bluegrass music heritage, legendary barbecue, and welcoming small-town charm, Owensboro serves as a regional hub for commerce, healthcare, and culture. Often referred to as the “BBQ Capital of the World,” Owensboro is famous for its signature mutton barbecue and hosts the annual International BBQ Festival each May, attracting food lovers from across the country. The city is conveniently located about 123 miles north of Nashville, TN, and 109 miles south of Louisville, KY, with access via road, rail, river, and air

Contact:

Marcus & Millichap

Property Subtype:

Auto Repair

Date on Market:

2026-06-04

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More details for 4331 Churchman Ave, Louisville, KY - Office for Sale

UofL Health - Medical Plaza 4 - 4331 Churchman Ave

Louisville, KY 40215

  • NNN Property
  • Office for Sale
  • $3,334,955 CAD
  • 11,509 SF
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More details for 996 Breckenridge Ln, Louisville, KY - Retail for Sale

STNL PGA Tour Superstore / New 10 Yr NNN Lse - 996 Breckenridge Ln

Louisville, KY 40207

  • NNN Property
  • Retail for Sale
  • $10,111,301 CAD
  • 34,953 SF
  • Air Conditioning
  • Wheelchair Accessible
  • Smoke Detector

Louisville Retail for Sale - St Matthews

Kentucky Broker of Record: Justin Baker / License No.: 204053 Faris Lee Investments is pleased to present a rare opportunity to acquire a PGA Tour Superstore, the undisputed leader in golf and tennis experiential retail, located in Louisville, Kentucky. The property is secured by a brand-new, corporate 10-year NNN lease featuring three (3) 5-year renewal options, creating a potential total lease term of 25 years. Built for long-term stability and value appreciation, the lease includes scheduled 8% rental increases every five (5) years throughout both the primary term and option periods, serving as a powerful, built-in hedge against inflation. This low-management structure requires minimal landlord responsibilities, with the tenant responsible for interior improvements, HVAC maintenance, and the reimbursement of property taxes, insurance, and common area maintenance. This hands-off arrangement makes the asset an ideal, secure vehicle for passive investors or 1031 exchange buyers looking for immediate cash flow, with the added benefit of excellent tax advantages through cost segregation and accelerated building depreciation. The tenant, PGA Tour Superstore, represents the absolute pinnacle of specialty sports retail with institutional-grade backing. The company is owned and operated by billionaire entrepreneur Arthur Blank’s AMB Group (the private holding structure behind the Atlanta Falcons and The Home Depot), ensuring unmatched operational stability and long-term financial security. Capitalizing on the sustained, post-COVID surge in golf participation across younger, more diverse demographics, PGA Tour Superstore has expanded aggressively from just 10 stores in 2010 to more than 74 locations today, with a clear trajectory toward 100+ stores. The brand’s revolutionary, e-commerce-resistant experiential model features indoor putting greens, golf simulators, high-tech club fittings, lessons, and advanced repair services. This service-heavy, interactive destination format completely shields the business from traditional online retail disruption and guarantees a highly dedicated, recurring customer base. Strategically positioned within the prominent Springs Station Shopping Center, the property is situated inside one of Louisville’s premier, dominant retail corridors. It sits directly adjacent to massive traffic-generating anchors, including a high-volume Home Depot and Hobby Lobby, anchoring the asset in the most proven investment class in retail real estate. This prime position ensures an immense, built-in flow of daily consumer cross-traffic, further enhanced by an elite surrounding lineup of national retailers and restaurants including Ruth’s Chris Steakhouse, Chick-fil-A, Panera Bread, Starbucks, and Books-A-Million. The property benefits from exceptional, affluent local demographic fundamentals, boasting a dense population of over 102,534 residents and a robust daytime employee count of over 46,287 within a 3-mile radius, coupled with an impressive average household income exceeding $118,172 within 5 miles. Located in a booming Louisville market undergoing major economic revitalization led by industrial giants like UPS, GE, Humana, and Yum! Brands, this property offers investors a premier opportunity to acquire a high-performing, fortress-style asset backed by elite corporate ownership.

Contact:

Faris Lee Investments

Property Subtype:

Storefront

Date on Market:

2026-06-01

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More details for 280 Burley Ave, Hopkinsville, KY - Retail for Sale

MB2 Dental - 280 Burley Ave

Hopkinsville, KY 42240

  • NNN Property
  • Retail for Sale
  • $2,618,295 CAD
  • 4,907 SF
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More details for 6617 Dixie Hwy, Florence, KY - Retail for Sale

Cincinnati MSA Walgreens | 10% CAP | Abs NNN - 6617 Dixie Hwy

Florence, KY 41042

  • NNN Property
  • Retail for Sale
  • $4,328,346 CAD
  • 10,504 SF
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More details for 817 S Main St, Brownsville, KY - Retail for Sale

Dairy Queen in Brownsville, KY #b202-ky - 817 S Main St

Brownsville, KY 42210

  • NNN Property
  • Retail for Sale
  • $1,773,912 CAD
  • 2,973 SF
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More details for 40 Town Hill Rd, Louisa, KY - Retail for Sale

Burger King - 40 Town Hill Rd

Louisa, KY 41230

  • NNN Property
  • Retail for Sale
  • $3,065,321 CAD
  • 2,816 SF
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More details for 1031 Contract St, Lexington, KY - Industrial for Sale

Main Street Auto - 1031 Contract St

Lexington, KY 40505

  • NNN Property
  • Industrial for Sale
  • $4,572,834 CAD
  • 6,569 SF
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More details for 2921 Scottsville Rd, Bowling Green, KY - Retail for Sale

New 15-Year First Watch | Bowling Green, KY - 2921 Scottsville Rd

Bowling Green, KY 42104

  • NNN Property
  • Retail for Sale
  • $6,228,561 CAD
  • 3,700 SF
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More details for 2 Tesseneer Dr, Highland Heights, KY - Industrial for Sale

2 Tesseneer Dr

Highland Heights, KY 41076

  • NNN Property
  • Industrial for Sale
  • $19,403,764 CAD
  • 71,620 SF

Highland Heights Industrial for Sale - Outlying N Kentucky

Colliers introduces the sale of a fully leased Thermo Fisher Scientific R&D facility strategically located within the Cincinnati MSA at the intersection of Interstates 275 and 471. This offering represents a rare opportunity to acquire a 100% net-leased investment with approximately six years of remaining lease term, backed by investment-grade credit and a tenant of significant global stature. The property serves as a critical research hub, occupied for over two decades and featuring highly specialized lab and support areas. Situated on nearly 10 acres, the site benefits from direct interstate visibility and access, ensuring logistical convenience and strong regional connectivity. Its proximity to Northern Kentucky University, with over 15,000 students, further enhances long-term value through a deep talent and innovation pipeline. The tenant—Thermo Fisher Scientific (NASDAQ: TMO)—holds an A- rating from Standard & Poor’s and continues to lead in global life sciences, demonstrating strong financial stability and operational commitment to this location. With modern infrastructure, TPO roof replacement, and robust mechanical systems updated in recent years, the asset provides both durability and functional integrity. Investors will appreciate contractual annual rent escalations, below-market rents, and renewal options, all contributing to continued income growth and resilient performance.

Contact:

Colliers

Property Subtype:

Warehouse

Date on Market:

2026-04-24

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More details for 3145 S 3rd St, Louisville, KY - Retail for Sale

Trophy Dutch Bros | Next to Kentucky Derby - 3145 S 3rd St

Louisville, KY 40214

  • NNN Property
  • Retail for Sale
  • $4,026,072 CAD
  • 950 SF
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More details for 3165 Us Highway 227, Carrollton, KY - Retail for Sale

KFC | 13+ Yrs NNN | Strong EBITDAR Coverage - 3165 Us Highway 227

Carrollton, KY 41008

  • NNN Property
  • Retail for Sale
  • $2,853,870 CAD
  • 4,466 SF
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More details for 3224 Winchester Ave, Ashland, KY - Flex for Sale

3224 Winchester Ave

Ashland, KY 41101

  • NNN Property
  • Flex for Sale
  • $1,050,156 CAD
  • 4,500 SF

Ashland Flex for Sale - Downtown Ashland

Exceptional investment or owner-user opportunity located at 3224 Winchester Ave. This versatile commercial property offers a unique combination of professional office space, high-clearance industrial bays, and a private residential suite. The main building features a welcoming lobby and four spacious offices, three of which include private bathrooms. In addition to the private suites, the facility provides well-appointed public restrooms, including a men’s room equipped with a shower. The property currently functions as a high-performing asset under a Triple Net (NNN) lease structure, with the tenant responsible for utilities and taxes, offering a streamlined transition for the next savvy investor. The industrial portion of the building is designed for heavy-duty utility, featuring three-phase power and multiple bays. The first bay includes two manual garage doors and a specialized basement access point currently utilized for rescue training classes. The additional bays offer ample clearance for boat storage or large equipment, with seamless access to the third bay and the upper-level apartment. The on-site apartment is fully equipped with a kitchen, bedroom, and bath, providing an ideal setup for an owner-operator or on-site security. The infrastructure is well-maintained, featuring a 14-year-old roof and three HVAC units (approximately 11 and 14 years old). The facility is highly secure, protected by a comprehensive alarm system and gated keypad entry for the main office, bays, and residential quarters. This turn-key property balances professional utility with industrial grit, making it a standout choice for any business or portfolio seeking significant monthly revenue potential. Investment highlights 1. Passive & Predictable Cash Flow Under the current Triple Net lease, the tenant is responsible for the "three nets": property taxes, insurance, and maintenance, in addition to all utilities. This shifts the rising costs of inflation and building upkeep onto the tenant, providing you with a consistent, "clean" monthly check without the typical headaches of property management. 2. Versatile "Flex" Industrial Appeal The property falls into the "Small-Bay Industrial" or "Micro-Flex" category, which is one of the highest-performing sectors in 2026. 3-Phase Power: This is a major "value-add" feature that attracts specialized industrial tenants (manufacturing, fabrication, or tech) who cannot operate in standard commercial buildings. Recession-Resilient: Because the space can be used for professional offices, heavy-duty industrial work, and specialized training (like the rescue classes), you have a much broader pool of potential tenants compared to a single-use building. 3. Low Owner Liability & High Utility The "Apartment" Bonus: Having a fully equipped living suite on-site significantly increases the property's utility. It can serve as a perk for an owner-operator, a source of secondary rental income, or 24/7 on-site security. Modernized Infrastructure: With the apartment-servicing HVAC only 11 years old and the roof and main units at the 14-year mark, the property is in a stable lifecycle phase where major immediate capital expenditures are less likely than in older "value-add" fixer-uppers. 4. Safety-First Infrastructure The integrated security—including the dual-CMD alarm system and 5+ unique gated/door entry codes—protects the asset's value and reduces insurance risk, making it a highly "bankable" property for financing.

Contact:

eXp Realty, LLC

Date on Market:

2026-03-30

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More details for 2943 Richland Ave, Louisville, KY - Retail for Sale

2943 Richland Ave

Louisville, KY 40220

  • NNN Property
  • Retail for Sale
  • $4,012,712 CAD
  • 4,789 SF

Louisville Retail for Sale - St Matthews

The Boulder Group is pleased to exclusively market for sale a single tenant NNN ground leased Chase Bank located in Louisville, Kentucky. The property has been in continuous operation since 2004 and is secured by a long-term 30-year lease running through 2034, featuring CPI-based rent escalations every five years (with no cap) throughout the primary term, along with two 10-year renewal options. Annual deposits at this branch surpassed $119,000,000 in 2025, according to the FDIC. Chase Bank is an investment-grade tenant rated “AA–” by Standard & Poor’s. The 4,789-square foot property is situated just off Taylorsville Boulevard (32,000 VPD) and Breckenridge Lane (37,000 VPD) with convenient access to Interstate 264 (166,000 VPD) and Interstate 64 (128,000 VPD) further amplifying the site’s regional accessibility. The surrounding area comprises a dense retail corridor anchored by a strong mix of nationally recognized tenants including Kroger, TJ Maxx, HomeGoods, Starbucks, McDonald’s, Walgreens, CVS, and Goodwill, among many others. Nearby demand drivers such as Norton Children’s Medical Group and Advanced ENT generate consistent daily traffic to the immediate trade area. The property is further supported by a robust consumer base of over 249,000 residents within a five-mile radius, with average household incomes exceeding $106,000. JPMorgan Chase Bank, N.A., is the consumer and commercial banking subsidiary of JPMorgan Chase & Co., one of the world’s largest and oldest financial institutions. Tracing its roots to 1799 with the founding of the Manhattan Company in New York City, the modern entity emerged from the 2000 merger of J.P. Morgan & Co. and Chase Manhattan Corporation, combining centuries of heritage from predecessor firms like Chase National Bank (founded 1877) and others. As of early 2026, JPMorgan Chase & Co. reports $4.8 trillion in assets under management (AUM) across its Asset & Wealth Management division, alongside total firmwide client assets exceeding $7 trillion and balance sheet assets of approximately $4.4 trillion as of late 2025.

Contact:

The Boulder Group

Property Subtype:

Bank

Date on Market:

2026-03-27

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More details for 2925 Scottsville Rd, Bowling Green, KY - Retail for Sale

Fifth Third Bank | New 20-Year Absolute NNN - 2925 Scottsville Rd

Bowling Green, KY 42104

  • NNN Property
  • Retail for Sale
  • $6,102,259 CAD
  • 2,400 SF

Bowling Green Retail for Sale

The subject property is a brand-new freestanding Fifth Third Bank located in Bowling Green, Kentucky. The brand new 20-year absolute NNN ground lease is corporately guaranteed by Fifth Third Bank (NASDAQ: FITB) and includes 10% rental increases every 5-years in the primary term and in the (4) five-year option periods, providing investors with long-term, passive income backed by an investment-grade national financial institution. Strategically positioned along Scottsville Road, the dominant retail and commercial corridor in Bowling Green, the property commands high-volume exposure with 33,000 vehicles per day passing directly in front on Scottsville Road, complemented by an additional 15,000 vehicles per day on the adjacent Cave Mill Road. Fifth Third Bank occupies a newly constructed 2,400-square-foot building on-site, offering strong frontage and convenient access. Surrounded by dense commercial development and sustained residential growth, the property is perfectly positioned to benefit from increasing daily consumer traffic. The property is an outparcel to a Kroger-anchored shopping center and is adjacent to a brand-new First Watch restaurant, placing it within a highly active retail destination that consistently draws strong daily traffic from the surrounding community. Bowling Green is experiencing significant population growth, with projections showing over 10% growth over the next five years within the 1, 3, and 5 mile radius, supporting long-term retail demand and reinforcing the strength of the surrounding trade area. The asset also benefits from its close proximity to Western Kentucky University, located approximately 2 miles from the site, with an enrollment of more than 16,700 students, providing a stable base of students, faculty, and staff that contribute to consistent daily traffic and economic activity throughout the area. The trade area is supported by a strong concentration of national and regional retailers including Kroger, Starbucks, Walgreens, Hobby Lobby, Big Lots, Chick-fil-A, LongHorn Steakhouse, Mission BBQ, Blaze Pizza, Qdoba, Freddy’s Frozen Custard & Steakburgers, Arby’s, Wendy’s, Taco Bell, KFC, Smoothie King, Subway, Captain D’s, Bruster’s Real Ice Cream, The Vitamin Shoppe, Cricket Wireless, Spectrum, Workout Anytime, Great Clips, Once Upon A Child, and Shoe Station, among others. This diverse retail mix generates consistent consumer traffic and reinforces Scottsville Road as one of Bowling Green’s most established and heavily trafficked commercial corridors.

Contact:

Wertz Real Estate Investment Services

Property Subtype:

Bank

Date on Market:

2026-03-16

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More details for 770 E Center St, Madisonville, KY - Retail for Sale

Hardee’s Long Term 17 Year Lease - 770 E Center St

Madisonville, KY 42431

  • NNN Property
  • Retail for Sale
  • $1,738,434 CAD
  • 2,800 SF
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More details for NNN Medical Office Portfolio NC, WV, KY – Office, Office/Medical for Sale

NNN Medical Office Portfolio NC, WV, KY

  • NNN Property
  • Office for Sale
  • $5,875,198 CAD
  • 11,536 SF
  • 4 Office Properties
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More details for 1124 N Main St, Sturgis, KY - Retail for Sale

H&H Home and Hardware - 1124 N Main St

Sturgis, KY 42459

  • NNN Property
  • Retail for Sale
  • $638,608 CAD
  • 9,180 SF
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