702 E 14th St
Larned, Kansas 67550
Price:
$1,870,436
Cap Rate:
6.65%
NOI:
$124,384
Building Size:
Approx. 12,687 Sq. Ft.
Lot Size:
Approx. 1.71 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2023
Investment Overview
- 2023 Construction. 12,687+/- SF Building on 1.71+/- Acre Site
- Brand New 15-Yr Absolute NNN Lease w/ 10% Rental Increases Plus (5), 5-Yr Options to Renew
- Market Relocation Store | Tenant Has Proven Track Record in this Market
- Located Just 0.1 Miles from Previous Dollar General Location with a 23-Year Operating History
- Rare Dollar General Market – Sells Groceries, Fresh Produce, & Fresh Meat Allowing for Higher Sales Volume
- Dollar General Added More Than 1,100 Stores in 2022 & Plan to Build 1,050 More in 2023
- Larned | Brings in 30,000 Tourists | Population: 3,684
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