Marcus & Millichap Brokers $3.26M Sale Of Dollar General Portfolio In Kentucky
$3,260,000
$358/SF
Building Size
9,100 SF
Asset Type
Retail
Closing
Sep 30, 2026
About this deal
AI
The sale involved a retail portfolio consisting of three properties located in Manchester, Topmost, and Breeding, Kentucky. The asset type is retail, and it was sold for $3,260,000. The total square footage of the portfolio is 9,100, resulting in a price per square foot of $358. The properties were constructed in 2022 and are built-to-suit Dollar General stores serving rural and small-town markets.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,260,000
- Sale Date: 09/30/2026
- Market: Manchester, Topmost & Breeding, KY
- Square Footage: 9,100
- Price Per Square Foot: $358
The transaction was brokered by Marcus & Millichap, with Scott Sandelin, Andrew Rodriguez, Grant Fitzgerald, and Michael Glass representing the sellers, who are a New York family office. The properties are specifically designed to cater to the needs of their respective communities.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Michael Glass to view all their deals.
Browse Kentucky retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.87%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93