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228 Highway 40
Sharon Springs, KS 67758

Dollar General · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.72 AC
Parking
30 Spaces (3.29 Spaces per 1,000 SF Leased)

ABOUT 228 HIGHWAY 40 , SHARON SPRINGS, KS 67758

Capital Pacific is pleased to present the opportunity to acquire Dollar General in Sharon Springs, Kansas. The subject property is a new construction store featuring a corporate guaranty from Dollar General, which ranked #123 on the 2018 Fortune 500 list of top Companies by revenue. The absolute NNN lease provides investors with a truly “hands-off” asset, as there are zero Landlord expense or maintenance obligations. Sharon Springs is the county seat for Wallace County, and has a population of roughly 900. Average household incomes are a little over $70,000, which are higher than the traditional demographic for a Dollar General location. However, with no direct competition in town, Sharon Springs is the perfect fit for a one-stop-shop retailer such as Dollar General. Dollar General generated $25.6 billion in 2018 fiscal year sales and net income of $1.6 billion. Dollar General currently operates over 16,000 stores in 44 states, making it the country’s largest small-box discount retailer. The company announced plans in September 2019 to expand its presence to 46 states, adding Washington and Wyoming to the list of states with Dollar General stores.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
155-22-0-00-00-002.00-0
Land Assessment
$5,928
Improvements Assessment
$0
Total Assessment
$5,928
  • Listing ID: 17428648

  • Date on Market: 10/11/2019

  • Last Updated:

  • Address: 228 Highway 40, Sharon Springs, KS 67758

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