Dollar General Effingham, KS

819 John Street
Effingham, KS

Price: $1,535,197
Cap Rate: 6.85%
NOI: $105,161
Building Size: Approx. 10,542 Sq. Ft.
Lot Size: Approx. 1.56 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2023

Investment Overview

  • 2023 Construction. 9,100+/- SF Building on 0.97+/- Acre Site
  • 15-Year Absolute NNN Lease with 10% Rental Increases in Option Periods With (4) 5-Year Options to Renew
  • Highly Visible – Strategically Located Off of Highway 159 and the Only Dollar Store Serving the Community
  • Subject Property is Only 35 Miles from Topeka, Kansas, 45 Miles from Kansas City, & 50 Miles from Kansas City International Airport
  • The State of Kansas Topped the Nation in Economic Growth in the 3rd Quarter of 2023 and was #2 in the 2nd Quarter
  • E-Commerce Resistant Retailer – Dollar General Planned to Open 1,050 Stores in 2023 After Adding Approximately 1,100 Stores in 2022
  • Effingham | 45 Miles From Kansas City |  County Population: 16,348+