3892 Highway 11 (Veterans Memorial)

    Sharpsburg, KY 40374
    • $1,150,000
    • STATUS: Active
    • ON SITE: 1242 days
    • MLS #: 1615957
    $1,150,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,026
      SQFT
    • $127
      $/SQFT
    Neighborhood:
    Commercial
    Type:
    Commercial
    Built:
    2011
    County:
    Bath
    Area:
    Bath County

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    Description

    Absolute Triple Net (NNN) leased Dollar General store located in Sharpsburg, Kentucky. 7 years left on the initial term with Five (5) - Five (5) year options. Corporate store (NYSE DG). Excellent for 1031 Tax Free Exchange or as passive investment. No landlord responsibilities. Daily traffic count of 4519 cars per day. Close to Morehead pop. 7,736. Mt. Sterling pop. 7209

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    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
    www.laneteamky.com/homes/64917468

    3892 Highway 11 (Veterans Memorial) Sharpsburg, KY 40374

    • Price: $1,150,000
    • Status: Active
    • MLS #: 1615957
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    9,026
    SQFT
    $127
    $/SQFT
    2011
    Built
    Neighborhood:
    Commercial
    County:
    Bath
    Area:
    Bath County
    Property Description
    Absolute Triple Net (NNN) leased Dollar General store located in Sharpsburg, Kentucky. 7 years left on the initial term with Five (5) - Five (5) year options. Corporate store (NYSE DG). Excellent for 1031 Tax Free Exchange or as passive investment. No landlord responsibilities. Daily traffic count of 4519 cars per day. Close to Morehead pop. 7,736. Mt. Sterling pop. 7209
    Exterior Features

    Construction BrickAluminumSteel Dock Doors 1 Docks None Drive In Doors 0 Lot Expansion Sq Ft 0 Parking 11 - 20 Spaces Roof Type FlatMembrane Stories One

    Interior Features

    Ceiling Open Elevator Capacity 0 Flooring VinylConcrete Floors Serviced 0 Miscellaneous Air Conditioning200/400 Amp3 Phase ElectricityHot Water Heater Restrooms Mens 1 Restrooms Womens 1 Sq Ft Building 0 Sq Ft Common Area 0 Sq Ft Gross Leasable 0 Sq Ft Office 0 Sq Ft Retail 0 Sq Ft Warehouse 0 Water Heater Size 0

    Property Features

    Ada Accessible Yes Adv License And Permit 0 Annual Rent 81698 Building Expansion Sq Ft 0 Cash Flow Before Tax 0 Ceiling Height 0 Credit Losses And Vacancy 0 Current Zoning B-1 Documents On File Other Electric 0 Electricity Location Back Electricity Phase 3 Elevator Services 0 Exchange Will Consider Fire Code Yes Fuel Expense 0 Gas Pipe Size 0 Gross Operating Income 0 Gross Scheduled Rent Income 0 Janitorial Services 0 Land Lease 0 Lawn Services 0 Lease Type Triple Net Less Operating Expense 0 Net Operating Income 0 Non Conforming No Occupancy 0 Occupant Type Tenant Other Income 0 Payroll 0 Personal Property Taxes 0 Possession Close Of Escrow Property Insurance 0 Property Management 0 Property Subtype1 Retail Real Estate Taxes 0 Repairs And Maintenance 0 Rubbish Services 0 Sale Or Lease Includes BuildingsLandLeases Sewer Sewer Connected Sewer And Water 0 Sprinklers None Tax Rate 1.128 Telephone 0 Tenant Pays ElectricGasWaterSewerTrash RemovalTaxesInsuranceInterior MaintenanceExterior Maintenance Terms Sale Total Annual Debt Service 0 Total Gross Income 0 Total Operating Expense 0 Utilities On Site Electricity AvailableNatural Gas AvailableWater AvailableTelephone Water Pipe Size 0

    Listing provided courtesy of Christopher Mitchell of Bluegrass Sotheby's International Realty. Listing information © 2019 LBAR Multiple Listing Service. All rights reserved.
    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
     
    The Lane Team
    2424 Harrodsburg Rd. Ste. 101
    Lexington KY, 40503