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Dollar General

1612 Ohio St, Augusta, KS 67010

Listing Price: $1,295,000

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
8.6
Guarantor
Corporate Guarantee
Rentable SF
9,026
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.05

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.

Augusta is a city in western Butler County, located about 20 miles east of Wichita along
U.S. Route 54 / 400 highway. The city is home to nearly 9,300 residents and a range of
retail, manufacturing, and service businesses. A traditional all-American town, Augusta is
a place where the metro’s modern edge meets the serenity of the sweeping grasslands,
offering the perfect blend of recreation, commerce, and rich culture. The area’s diverse
economy includes industries ranging from petroleum production and refining, farming,
ranching and manufacturing.

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)
  • Pad Building to Dillons Food Store (Kroger)
  • Upgraded Concrete Parking Lot
  • 3% Increase in Year 11 of the Base Term of the Lease

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Financing By

Discount

Dollar General

Listing Price: $1,295,000

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
8.6
Guarantor
Corporate Guarantee
Rentable SF
9,026
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.05

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)
  • Pad Building to Dillons Food Store (Kroger)
  • Upgraded Concrete Parking Lot
  • 3% Increase in Year 11 of the Base Term of the Lease

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. Augusta is a city in western Butler County, located about 20 miles east of Wichita along U.S. Route 54 / 400 highway. The city is home to nearly 9,300 residents and a range of retail, manufacturing, and service businesses. A traditional all-American town, Augusta is a place where the metro’s modern edge meets the serenity of the sweeping grasslands, offering the perfect blend of recreation, commerce, and rich culture. The area’s diverse economy includes industries ranging from petroleum production and refining, farming, ranching and manufacturing.

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

Financing By

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