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.