1002 E First Street
Douglass, KS 67039
Price:
$1,494,753
Cap Rate:
6.10%
NOI:
$91,179
Building Size:
Approx. 10,542 Sq. Ft.
Lot Size:
Approx. 2.06 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2022
Investment Overview
- 2022 Construction. 10,542+/- SF Building on 2.06+/- Acre Site
- Brand New 15 Yr Corporate Absolute NNN Lease w/ 10% Rental Increases in 5 Option Periods
- Excellent Hard Corner Location at the Intersection of Hwy 77 (6K VPD) & E 1st St (3K VPD)
- Rare Upgraded Construction Prototype with Corner Brick Entry
- Dollar General is the Country’s Largest Small-Box Discount Retailer | E-Commerce Resistant
- Dollar General Completed More Than 1,750 Store Remodels in 2021 & Plans for More in 2022
- Douglass | 30 Miles from Downtown Wichita | Population: 1,500+