Listed by CBRE - Des Moines
$450,000
Dollar General - Sabetha
Details
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 8,000
Cap Rate 8%
NOI $36,000
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Expiration 09/30/2026
Remaining Term 0.3
Price per SqFt $56
Year Built 1999
Buildings 1
Stories 1
Acreage 0.760
One option remaining.
Marketing description
The property consists of a 8,000 SF building on 0.76 acres on the southeast side of Sabetha, Kansas one block west of Highway 75 (on Old Highway 75). The property is located along Sabetha‘s primary retail corridor just south of Pizza Hut. Dollar General has occupied this location since it was constructed in 1999. The property is secured with a NN+ lease, in which Tenant reimburses Landlord for property taxes and parking lot maintenance. Dollar General is the nation‘s leading small community discount store, having posted $38.7B in annual sales in 2023.
Investment highlights
+ Building Size: 8,000 SF
+ Lot Size: 0.76 Acres
+ Year Built: 1999
Listing Contacts
Listed by CBRE - Des Moines
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$36,000.00
$3,000.00/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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