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29296289
29296290

222 West 1st Street, Gas, KS 66742

SS
MI MI 6502426558
Exclusive Realty
JL
MI 6501446486
Exclusive Realty
Listed by Exclusive Realty
$960,000
23 days on market
Updated 23 days ago

Dollar General, Gas, KS

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 7,489
Net Rentable (SqFt) 7,489
Cap Rate 7.5%
NOI $72,000
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 08/30/2032
Remaining Term 6.2
Rent Bumps Yes
Lease Options 4 (5) Year Options
Price per SqFt $128
Year Built 2017
Buildings 1
Stories 1
Acreage 0.730
Parking Spaces 28 spaces
Parking Per SqFt 3.74
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 08/01/2017

Retail | 7.50% CAP | 7,489 SqFt

Marketing description

Exclusive Realty is pleased to present an Absolute NNN Dollar General for sale in Gas, Kansas, a necessity-based retail investment serving a stable rural trade area in Neosho County. Gas is located just outside Chanute, allowing the property to benefit from nearby employment centers, schools, and healthcare facilities while maintaining limited local retail competition. The store serves residents of Gas and surrounding rural communities that rely on Dollar General for affordable household goods, groceries, and everyday essentials. With a long term Absolute NNN lease and zero landlord responsibilities, this property offers investors a secure, fully passive income stream backed by a nationally recognized discount retailer.

Investment highlights

  • Single-tenant Dollar General with a long-term Absolute NNN lease

  • Located in Gas, KS, near the Chanute retail and employment market

  • Necessity-based retail serving surrounding rural communities

  • Limited local competition supports consistent store performance

  • Zero landlord responsibilities under the Absolute NNN lease structure

  • Stable, passive income backed by a national credit tenant

  • Average Annual HH Income exceeds $74K within a 3 Mile Radius

Listing Contacts

SS
MI MI 6502426558
Exclusive Realty
JL
MI 6501446486
Exclusive Realty
Listed by Exclusive Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$72,000.00
$6,000.00/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

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