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Discount

Dollar General

1612 Ohio St, Augusta, KS 67010

Listing Price: $1,120,000

Cap Rate
1.00%
Tenant Name
Dollar General
Years Remaining On Lease
0.1
Guarantor
Corporate Guarantee
Rentable SF
9,026
Lease Type
Triple Net (NNN)

Investment Overview

Marcus & Millichap is pleased to present a freestanding Dollar General located in
Augusta, KS. There are currently just less than 9 years remaining on a triple net lease. In
addition to the 3% increase in 2028, the lease calls for 10% increases in each of the 4, 5-
year renewal options. The subject property is strategically located along Ohio Street in
front of the Dillons Food Store. Additional nearby traffic generators include the Augusta
Country Club, Augusta High School, and Augusta Lake. Supportive single family
residences surround the subject property.

Investment Highlights

  • Corporate NNN Lease with nearly 9 Years Remaining (No Landlord Responsibilities)
  • Dollar General (NYSE:DG) holds an Investment Grade Credit Rating (S&P:BBB)
  • Upgraded Concrete Parking Lot

Broker of Record

  • Colby Haugness

    Senior Director Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Financing By

Discount

Dollar General

Listing Price: $1,120,000

Cap Rate
1.00%
Tenant Name
Dollar General
Years Remaining On Lease
0.1
Guarantor
Corporate Guarantee
Rentable SF
9,026
Lease Type
Triple Net (NNN)

Investment Highlights

  • Corporate NNN Lease with nearly 9 Years Remaining (No Landlord Responsibilities)
  • Dollar General (NYSE:DG) holds an Investment Grade Credit Rating (S&P:BBB)
  • Upgraded Concrete Parking Lot

Investment Overview

Marcus & Millichap is pleased to present a freestanding Dollar General located in Augusta, KS. There are currently just less than 9 years remaining on a triple net lease. In addition to the 3% increase in 2028, the lease calls for 10% increases in each of the 4, 5- year renewal options. The subject property is strategically located along Ohio Street in front of the Dillons Food Store. Additional nearby traffic generators include the Augusta Country Club, Augusta High School, and Augusta Lake. Supportive single family residences surround the subject property.

Broker of Record

  • Colby Haugness

    Senior Director Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

Financing By

MM Texture Background
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