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Dollar General

4201 NW Topeka Blvd, Topeka, KS 66617

Listing Price: $1,429,334

Cap Rate
6.00%
Tenant Name
DG Retail, LLC
Years Remaining On Lease
7.4
Guarantor
Corporate Guarantee
Rentable SF
9,397
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.13

Investment Overview

Marcus & Millichap is pleased to present the exclusive net-lease offering for a Dollar General located at 4210 NW Topeka Blvd in Topeka, Kansas. The site consists of roughly 9,397 rentable square feet of building space on estimated 2.25-acre parcel of land. This Dollar General is subject to a 15-year absolute triple-net (NNN) lease, which commenced September 17, 2014. The current annual rent is $85,760 and is scheduled to increase by three percent (3%) in year 11 and by ten percent (10%) in each of the four (4), five (5)-year renewal options.

Investment Highlights

  • Long-Term, Original 15-Year Absolute Triple Net (NNN) Lease
  • Approximately 7.6 Years Remaining
  • Three Percent (3%) Increase in Year 11

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Discount

Dollar General

Listing Price: $1,429,334

Cap Rate
6.00%
Tenant Name
DG Retail, LLC
Years Remaining On Lease
7.4
Guarantor
Corporate Guarantee
Rentable SF
9,397
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.13

Investment Highlights

  • Long-Term, Original 15-Year Absolute Triple Net (NNN) Lease
  • Approximately 7.6 Years Remaining
  • Three Percent (3%) Increase in Year 11

Investment Overview

Marcus & Millichap is pleased to present the exclusive net-lease offering for a Dollar General located at 4210 NW Topeka Blvd in Topeka, Kansas. The site consists of roughly 9,397 rentable square feet of building space on estimated 2.25-acre parcel of land. This Dollar General is subject to a 15-year absolute triple-net (NNN) lease, which commenced September 17, 2014. The current annual rent is $85,760 and is scheduled to increase by three percent (3%) in year 11 and by ten percent (10%) in each of the four (4), five (5)-year renewal options.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

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