Family Dollar NN Investment Opportunity | 9.2% Cap Rate | Magnolia, KY

For Sale

8725 New Jackson Hwy, Magnolia, KY 42757

This Magnolia property for sale is located at 8725 New Jackson Hwy. The current listed sale price for Family Dollar NN Investment Opportunity | 9.2% Cap Rate | Magnolia, KY is $1,200,060. Family Dollar NN Investment Opportunity | 9.2% Cap Rate | Magnolia, KY is situated on a lot that is 1.5 acre in size.

Contacts

broker
Nancy Miller, CCIM, MBA

Bull Realty

Property Details

  • Property Type Retail - Freestanding
  • Property Size 10,500 SF
  • Lot Size 1.5 Acre
  • Property Tenancy Single Tenant
  • Year Built 2022
  • Date Updated Sep 26, 2025
This property is located in Magnolia, KY.This “dark” Family Dollar, located in Magnolia, KY is a “diamond in the rough” for an opportunistic investor. This store, built in 2022, though vacant, has a corporate guarantee with 7 years remaining! The astute investor has the opportunity to collect rent while seeking a new tenant to repurpose the location. This attractive ±10,500 SF store is situated on a large ±1.5-acre parcel. There are limited landlord responsibilities which include roof, structure and parking lot capital expenses. The tenant reimburses the landlord for all property tax and property insurance. Magnolia is located in central Kentucky, about 9 miles east of Interstate 65 and about thirty minutes south of Elizabethtown and Ft. Knox and one hour from Louisville. The 10 mile population is 17,215 with an average household income of $68,789. In July of 2025, Dollar Tree sold Family Dollar and Family Dollar/Dollar Tree stores to two private equity firms which included over 7,500 stores in 49 states. This “diamond in the rough” will provide an investor with steady cash flow and the opportunity to re-purpose the location at an incredible price of $1,200,060 and cap rate of 9.2%.
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Highlights

  • Broker of Record: Justin Baker Kentucky License #204053
  • Demographics: 10-mile demographics population of over 17,860 with an average household income of over $68,789.
  • Location: Magnolia is located 30 minutes south of Elizabethtown / Fort Knox metro area which offer employment from major employers in the region.
  • Lowest Price on the Market: Buyers can take advantage of a strong 9.2% cap rate, with approximately 7 more years of cash flow at only $1,200,060.
  • Opportunistic Investment: 2022 built, NN leased, ±10,500 SF Family Dollar recently closed with 7 years remaining on the initial lease term.
  • Ready for Repurposing: Outstanding investor opportunity to collect corporate guaranteed rent of $110,250 annually while considering their next repurposing opportunity!

Location

  • City Magnolia, KY
  • Zip Code 42757

Points of Interest

  • Y-Not-Stop

    3.95 miles

  • Marathon Gas

    4.70 miles

  • Shell

    6.35 miles

  • ONE9

    8.62 miles

  • Overflow Parking Area

    4.40 miles

  • Bus Parking

    5.96 miles

  • Larue High Parking

    6.02 miles

  • High School Parking Lot

    6.09 miles

  • LaRue Park and Rec Parking

    6.21 miles

  • Decades

    1.55 miles

  • Hardee's

    5.80 miles

  • Hometown Pizza

    5.81 miles

  • Subway

    5.81 miles

  • McDonald's

    5.93 miles

  • Burger King

    6.00 miles

  • Little Mexico

    6.25 miles

  • Lee's Famous Recipe Chicken

    6.26 miles

  • Hodgenville Grill

    6.30 miles

  • Laha's Red Castle Hamburgers

    7.37 miles

  • Save-A-Lot

    5.70 miles

  • Shopko

    7.28 miles

  • IGA

    7.72 miles

In-Depth Research Available for this Property

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.

Contact Listing Broker
broker
Nancy Miller, CCIM, MBA

Bull Realty

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