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Restaurant

Dollar General Portfolio

1208 Wisconsin St, Cawker City, KS 67430

Listing Price: $2,767,520

Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
6.2
Gross SF
27,226
Guarantor
Corporate Guarantee
Rentable SF
27,226
Price/Gross SF
$101.65
Lease Type
Absolute Net
Rent Per Square Feet
$7.62

Investment Overview

Marcus & Millichap is pleased to offer for sale this three property Dollar
General Portfolio. All three properties are located in the state of Kansas.
The properties range f rom 9,026 square feet to 9,100 square feet and all were
built in 2014 and 2015. At the time, Dollar General signed a new 15 year lease on
each site, meaning there are between 5.5 and 6.5 years left on the leases.
Each lease is Absolute NNN, meaning there are no landlord responsibilities
whatsoever. In addition, each lease is corporately guaranteed by Dollar General
Corporation, Inc., which is an investment grade tenant with a S&P credit rating
of BBB.

Investment Highlights

  • Absolute NNN Leases - No Landlord Responsibilities
  • Each Has Four 5 Year Options
  • All Sites have upcoming rent increases, 7.73% cap in 2025

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Restaurant

Dollar General Portfolio

Listing Price: $2,767,520

Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
6.2
Gross SF
27,226
Guarantor
Corporate Guarantee
Rentable SF
27,226
Price/Gross SF
$101.65
Lease Type
Absolute Net
Rent Per Square Feet
$7.62

Investment Highlights

  • Absolute NNN Leases - No Landlord Responsibilities
  • Each Has Four 5 Year Options
  • All Sites have upcoming rent increases, 7.73% cap in 2025

Investment Overview

Marcus & Millichap is pleased to offer for sale this three property Dollar General Portfolio. All three properties are located in the state of Kansas. The properties range f rom 9,026 square feet to 9,100 square feet and all were built in 2014 and 2015. At the time, Dollar General signed a new 15 year lease on each site, meaning there are between 5.5 and 6.5 years left on the leases. Each lease is Absolute NNN, meaning there are no landlord responsibilities whatsoever. In addition, each lease is corporately guaranteed by Dollar General Corporation, Inc., which is an investment grade tenant with a S&P credit rating of BBB.

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

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