Listed by CBRE - Des Moines, CBRE - Kansas City
$465,000
Dollar General - Russell
Details
Property Type Retail
Sub Type Convenience Store
Square Footage 8,625
Cap Rate 8.26%
NOI $38,400
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN
Lease Expiration 10/31/2030
Remaining Term 4.4
Price per SqFt $54
Year Built 2000
Buildings 1
Stories 1
Acreage 1.100
Lease Commencement 11/01/2020
Ground Lease No
Retail | 8.26% CAP | 8,625 SqFt
Marketing description
The property consists of a 8,625 SF building on 1.1 acres on the southside of Russell, Kansas along the Old Hwy 40/Hwy 281 primary business district. The property is just north of The Quality Inn, Sonic, Pizza Hut, and McDonalds. Dollar General has occupied this location since it was constructed in 2000.
Investment highlights
Listing Contacts
Listed by CBRE - Des Moines, CBRE - Kansas City
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$38,400.00
$3,200.00/mo
Valuation Metrics
0
DSCR
8.26%
Cap Rate
8.26%
ROI
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