Dollar General | 6+yrs Remain Corp Abs NNN 538 N Main St 9,102 SF Retail Building Caldwell, KS 67022 $1,403,571 CAD ($154.20 CAD/SF) 7.30% Cap Rate

INVESTMENT HIGHLIGHTS

  • 6+ Years Remaining | Scheduled Rental Increases |Corporate Guaranteed
  • Along N Main St | Limited Competition | Caldwell Regional Medical Center | Excellent Visibility & Access
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities

EXECUTIVE SUMMARY

• Dollar General has 6+ years remaining on their current lease with 5 (5-Year) options to extend, demonstrating their commitment to the site
• The lease features 10% increases at the beginning of each option, growing NOI and hedging against inflation
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,345 location as of August 2024

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,102 SF
Building Class
B
Year Built
2016
Price
$1,403,571 CAD
Price Per SF
$154.20 CAD
Cap Rate
7.30%
NOI
$102,434 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.84 AC
Zoning
General Commercial
Parking
30 Spaces (3.3 Spaces per 1,000 SF Leased)
Frontage
141’ on E Ave F

AMENITIES

  • Pylon Sign
  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

DG is proud to be America’s neighborhood general store. We strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 99,999 SF - Lorem Ipsum Jan 0000

PROPERTY TAXES

  • Listing ID: 35241061

  • Date on Market: 2025-03-24

  • Last Updated:

  • Address: 538 N Main St, Caldwell, KS 67022