Contacts
Matthews Real Estate Investment Services
Matthews Real Estate Investment Services
Property Details
- Property Type Retail
- Property Size 9,026 SF
- Cap Rate % 7.5
- Date Updated Aug 14, 2025
ABSOLUTE NNN LEASE – Zero landlord responsibilities, offering true passive ownership.
INVESTMENT-GRADE TENANT – Dollar General holds a “BBB” credit rating from S&P, reflecting strong creditworthiness and financial stability.
LONG-TERM LEASE – Approximately ±10.5 years of lease term remaining, providing secure and predictable income.
NO DIRECT COMPETITION – The subject property benefits from an exclusive market position with no comparable retailers in the immediate vicinity.
RECESSION-RESISTANT OCCUPANT – Dollar General has demonstrated consistent performance across economic cycles and was recognized with a Globe Business Excellence Award for its operational resilience during the COVID-19 pandemic.
CORNER LOCATION – Located on the Corner of East Laurel Road and Blackwater Road – Sees over 1,900 VPD
Reach out to the broker for more info on lease terms and amenities
Getting around
-
3/100
Walk Score ®
-
5/100
Bike Score ®
Location
- City London, KY
- Zip Code 40744
- Market Lexington
Points of Interest
-
Liberty
8.99 miles
-
Shell
9.13 miles
-
Marathon
9.19 miles
-
Kroger
9.22 miles
-
CMR Quickstop
9.45 miles
-
BP
9.82 miles
-
McDonald's
8.31 miles
-
Sonic
8.37 miles
-
DQ Grill & Chill
8.40 miles
-
Subway
8.43 miles
-
Papa John's
8.44 miles
-
Hardee’s
8.86 miles
-
Little Caesar’s
8.89 miles
-
Dunkin'
9.02 miles
-
Captain D's
9.12 miles
-
Krystal
9.17 miles
-
IGA
8.82 miles
-
Marshalls
9.15 miles
-
Kohl's
9.17 miles
-
bealls
9.22 miles
-
Kroger
9.27 miles
-
Walmart
9.28 miles
-
Walmart Supercenter
9.46 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
