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1548 S US Highway 421
Harlan, KY 40831

$995,000 USD

General Retail For Sale  •  12,650 SF

Property Details

  • Property Type General Retail
  • Total Building Size 12,650 SF
  • Lot Size 1.8 AC
  • Building Class C
  • Year Built 1984
  • Cap Rate 7.95 %
  • Tenancy Single
0 Transit Score
30 Walk Score

Highlights

Relocation from In-Line Store within the Market | 2017 Complete Renovation to H2 Model | New Roof Installed in 2020 With 20 Year Warranty
Larger Format Including Dollar Tree Branded Products | 2+ Years Remaining on Original 10 Year Double Net Lease | Minimal Landlord Responsibilities
Four, Five-Year Options with Rental Increases in Each | Potential for Long Term Passive Income
Strong Guarantee | Lease is Backed by Family Dollar / Dollar Tree Corporation
County Seat Location | 26,300+ Residents in Harlan County | Demographics are a Strong Match for Family Dollar’s Core Customer Base
Located on Main Corridor of US 421 with Over 17,500 VPD | 85% of the Population Within 10-Miles Drives by the Subject Property Along US 421

Property Flyers

Cap Rate: 7.95 %

Major Tenants

Tenant SF Occupied Lease End Date
Family Dollar

Amenities

  • Signage
  • Monument Signage

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 61
Type: Surface
Included in Rent: Yes
Darpan Patel 513-325-8682 Marcus & Millichap
Darpan Patel 513-325-8682 Marcus & Millichap