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32295868
32295869

318 S WESTERN AVE, LIBERAL, KS 67901

CB
CA 02073511
Transwestern
Listed by Transwestern
$1,750,000
48 days on market
Updated 46 days ago

Dollar General

Details
APN 193-06-0-10-10-004.01-0
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 10,640
Cap Rate 6.95%
NOI $121,548
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree (+2)
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 11/30/2038
Remaining Term 12.4
Rent Bumps Yes
Lease Options 4 x 5 years
Year Built 2023
Acreage 1.500
Investment Type Net Lease
Lease Commencement 11/03/2023
Ground Lease No

Abs NNN Lease | 5% Increases In Primary Term | 12.5+ Yrs Remaining

Marketing description

Transwestern is pleased to exclusively offer for sale a single‑tenant Dollar General located at 318 S Western Ave in Liberal, Kansas. The property is secured by an absolute NNN lease with over 12.5 years remaining in the primary term, providing long‑term, passive income with zero landlord responsibilities. The lease features rare 5% rental increases during the primary term, offering strong contractual rent growth and built‑in inflation protection.

Dollar General operates more than 20,000 locations nationwide and is the leading discount retailer in the country, serving everyday consumer needs through a proven, necessity‑based business model. The Liberal location benefits from its position within a stable regional trade area where discount retail plays a critical role in meeting daily demand.

Investment highlights

Ranked in the 85th percentile in Kansas and 76th percentile nationwide, per placer.ai

Absolute NNN lease with 12.5+ years remaining and zero landlord responsibilities.

Rare 5% rent increases every five years throughout the primary term.

National credit tenant (S&P: BBB) operating 20,000+ locations nationwide with a proven, recession‑resistant business model.

Ideal demographics for Dollar General with 20,002 residents within a five-mile radius and an average household income over $71k

Listing Contacts

CB
CA 02073511
Transwestern
Listed by Transwestern

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$121,548.00
$10,129.00/mo

Valuation Metrics

0
DSCR
6.95%
Cap Rate
6.95%
ROI

Map

Zoning

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C2 CommercialGeneral CommercialGeneral Commercial District
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Last updated Jun 11, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Coleby Henzlik
License
00235512
Brokerage
Link Property Advisors, LLC
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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