Family Dollar NN Investment Property | 8.75% Cap Rate | Crab Orchard, KY

Investment Overview

Offered at $1,286,000 (8.75% Cap Rate), this ±10,500 SF Family Dollar store in Crab Orchard, KY, presents a stable yield-focused net-lease investment. Constructed in 2023 on a ±3.24-acre corner site, the property features a 10-year NN lease running through September 2033 with four 5-year renewal options. Tenant responsibilities include HVAC maintenance, grounds care, and full reimbursement for property taxes and building insurance. Situated 50 miles south of Lexington in a growing rural trade area (19,928 population in 10 miles; $72,473 AHHI), the property provides strong retail fundamentals backed by Family Dollar’s 7,500+ store national footprint.

Investment Highlights

• Recent Construction: Built in 2023; ±10,500 SF building on a spacious ±3.24-acre corner parcel along KY Hwy 39, just off U.S. Hwy 150 (±4,350 VPD).
• Strategic Location: Located in Crab Orchard, KY (Lincoln County)—50 miles south of Lexington and 11 miles from Stanford, the county seat.
• Long-term NN Lease: ~7 years remaining on the initial 10-year lease (expiring September 2033) with four 5-year renewal options.
• Corporate Guaranty: Backed by Family Dollar, operating 7,500+ locations in 49 states.
• Solid Demographic Base: 19,928 residents within 10 miles; average household income of $72,473; 2.71% projected population growth within 7 miles (2020–2030).
• Attractive Yield: Offered at $1,286,000 at an 8.75% Cap Rate.