Retail Business for Sale in Mckee, KY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Mckee, KY 40447

Description

We're pleased to present the offering for the Dark Walgreens in McKee, Ky. Investment Highlights: • Dark Walgreens Location With Two Plus Years of Rent Remaining on a Double Net Lease | Corporately Guaranteed Lease • Situated Across Two Parcels Totaling Approximately 0.70 Acres Within an Opportunity Zone | General Commercial Zoning Allows For a Wide Range of Commercial and Retail Uses • Limited Competition: Very Few National Tenants Within 20 Plus Mile Radius • Large, Fully Lit Parking Lot With Easy Access From US-421 | Entire Five-Mile Population Drives by This Location Daily • 1.5 Miles From Jackson County High School, With 540 Plus Students • Stable Demographics: Population Exceeds 23,600 Plus Within 15-Miles, Projected to Increase by 2030 • McKee is the County Seat of Jackson County With a Population Of Over 12,900 Plus | As of 2019 Jackson County Legalized the Sale of Alcoholic Beverages in the City of McKee

Market Context

This retail in Mckee, KY is listed for sale. It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Mckee, KY — <a href="/search/sale/retail/kentucky/mckee">view the full market</a>.

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