166 Kimbro Street

166 Kimbro Street, Clinton, KY 42031

  • For Sale $299,000
  • Property Type Retail - Street Retail
  • Property Size 8,000 SF
  • Year Built 1998
  • Date Updated Mar 12, 2024
Clinton is a city located in the southwestern part of the state of Kentucky, USA. It is situated in Hickman County, which is in the Jackson Purchase region of the state. The city is characterized by its small-town charm and is surrounded by picturesque rural landscapes. Clinton is positioned near the Mississippi River, which forms the western border of Kentucky with neighboring Missouri. The city's downtown area features a mix of historic buildings, local shops, and community establishments that reflect its heritage and culture. The surrounding countryside is characterized by farmland, gently rolling hills, and wooded areas, contributing to the area's rural and tranquil ambiance. The region has a distinct Southern feel, and residents often enjoy a slower-paced lifestyle that emphasizes community ties and a connection to the natural surroundings. Clinton serves as a hub for local events, gatherings, and festivities that celebrate the area's heritage and foster a sense of togetherness among its residents. Overall, Clinton, KY, offers a glimpse into the charm and simplicity of small-town living in the American South, with a strong focus on community values and an appreciation for the beauty of the surrounding countryside.Exclusive Realty is delighted to introduce a remarkable investment prospect in Clinton, KY: a meticulously-maintained Dollar General property spanning 8,000 square feet and situated on slightly over half an acre. This property showcases a desirable NN lease structure, resulting in minimal landlord responsibilities and ensuring a steady income stream. Boasting a history of robust performance and consistent returns, this Dollar General property presents an alluring investment opportunity. Moreover, the property's strategic location and solid lease terms make it an ideal candidate for a 1031 exchange, allowing you to optimize your investment portfolio. In a market where secure investments are highly sought after, this Dollar General property stands out as an exceptional choice. Take advantage of this chance to elevate your investment portfolio with a property that combines reliability, potential for growth, and a prime location in Clinton, KY.

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Highlights

  • This Dollar General property has been occupied by the same tenant since 1998, showcasing a remarkable commitment to the location and highlighting its strong suitability for retail operations.
  • With a history of consistent success, this Dollar General location boasts impressive store visitation numbers, attesting to its popularity and customer demand in the local market.
  • The property features a Net-Net (NN) lease, translating to minimal landlord responsibilities. This lease arrangement offers you a hassle-free investment experience and a reliable income stream.
  • Dollar General's focus on essential goods positions it well within the resilient retail sector, making this investment even more attractive in times of economic uncertainty.
  • The property's solid lease terms and history of performance make it an attractive candidate for a 1031 exchange, enabling you to optimize your investment portfolio while deferring capital gains taxes.

Contacts

broker

Shelby Sagmani

Exclusive Realty

(248) 833-6696

Location

Getting Around

  • Walk Score ®

    15/100 Car-Dependent
  • Bike Score ®

    16/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Clinton, KY
  • Neighborhood Clinton
  • Zip Code 42031

Points of Interest

  • Marathon

    9.27 miles

Frequently Asked Questions

What is the lease rate for 166 Kimbro Street?

Rental asking rate at 166 Kimbro Street is $149,500.00/YR.

What is the total square footage of 166 Kimbro Street?

166 Kimbro Street totals 8,000 square feet.

When was this property built?

166 Kimbro Street was built in 1998.

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Contact Listing Broker

broker

Shelby Sagmani

Exclusive Realty

(248) 833-6696