Skip to main content

Discount

Dollar General Market

108 N 9th St, Osage City, KS 66523

Listing Price: $1,575,000

Cap Rate
7.54%
Tenant Name
Dollar General Market
Years Remaining On Lease
3.6
Gross SF
12,406
Guarantor
Corporate Guarantee
Rentable SF
12,406
Price/Gross SF
$126.95
Lease Type
Absolute Net
Rent Per Square Feet
$9.57

Investment Overview

Marcus & Millichap is pleased to present the Dollar General Market located at 108 N 9th Street in Osage City, Kansas, approximately 30 miles south of Topeka.

Constructed in 2014, the property was upgraded to Dollar General Market in 2023 at
Tenant expense with no landlord contribution or concessions. The property features a
12,406-square-foot building situated on 1.31 acres of land, prominently positioned in a
retail corridor alongside other retail and convenience tenants. Nearby retailers and
amenities in Osage City include Casey’s General Store, Sonic Drive-In, NAPA Auto Parts,
and a variety of local businesses that support daily consumer needs.

Dollar General Market stores differ from traditional Dollar General locations by offering
an expanded selection of fresh and frozen food options, including produce, meats, and
dairy, as well as a broader range of household essentials. These stores are designed as a
hybrid between a conventional Dollar General and a neighborhood grocery store, often
featuring a dedicated area for fresh food items, albeit in smaller quantities compared to
full-line grocers.

Investment Highlights

  • Upgraded in 2023 from Dollar General Plus to Dollar General Market
  • Conversion Performed at Tenant's Expense with No Landlord Contribution, Demonstrating Dollar General's Longterm Commitment to the Property
  • Osage City is Located 37 Miles South of Topeka and 85 Miles West of Kansas City
  • Investment-Grade Tenant Rated 'BBB'
  • Dollar General is the Nation's Largest Retailer by Store Count, Operating More Than 20,000 Locations

Exclusively Listed By

  • Dave Saverin

    Senior Director Investments

    (314) 889-2555

    Email Dave

    License(s): MO: 2008013520, IL: 475185449, KS: 00249685

    St. Louis

Broker of Record

  • Colby Haugness

    Senior Director Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Discount

Dollar General Market

Listing Price: $1,575,000

Cap Rate
7.54%
Tenant Name
Dollar General Market
Years Remaining On Lease
3.6
Gross SF
12,406
Guarantor
Corporate Guarantee
Rentable SF
12,406
Price/Gross SF
$126.95
Lease Type
Absolute Net
Rent Per Square Feet
$9.57

Investment Highlights

  • Upgraded in 2023 from Dollar General Plus to Dollar General Market
  • Conversion Performed at Tenant's Expense with No Landlord Contribution, Demonstrating Dollar General's Longterm Commitment to the Property
  • Osage City is Located 37 Miles South of Topeka and 85 Miles West of Kansas City
  • Investment-Grade Tenant Rated 'BBB'
  • Dollar General is the Nation's Largest Retailer by Store Count, Operating More Than 20,000 Locations

Investment Overview

Marcus & Millichap is pleased to present the Dollar General Market located at 108 N 9th Street in Osage City, Kansas, approximately 30 miles south of Topeka. Constructed in 2014, the property was upgraded to Dollar General Market in 2023 at Tenant expense with no landlord contribution or concessions. The property features a 12,406-square-foot building situated on 1.31 acres of land, prominently positioned in a retail corridor alongside other retail and convenience tenants. Nearby retailers and amenities in Osage City include Casey’s General Store, Sonic Drive-In, NAPA Auto Parts, and a variety of local businesses that support daily consumer needs. Dollar General Market stores differ from traditional Dollar General locations by offering an expanded selection of fresh and frozen food options, including produce, meats, and dairy, as well as a broader range of household essentials. These stores are designed as a hybrid between a conventional Dollar General and a neighborhood grocery store, often featuring a dedicated area for fresh food items, albeit in smaller quantities compared to full-line grocers.

Exclusively Listed By

  • Dave Saverin

    Senior Director Investments

    (314) 889-2555

    Email Dave

    License(s): MO: 2008013520, IL: 475185449, KS: 00249685

    St. Louis

Broker of Record

  • Colby Haugness

    Senior Director Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

MM Texture Background
MM Textured Background Lower