2620 NE Sardou Ave
Topeka, KS 66616

Capital Pacific is pleased to present the opportunity to acquire Dollar General in Topeka, Kansas. The subject property features a 10-year lease with a corporate guaranty from Dollar General. Additionally, there are four 5-year option to renew the lease at 10% rent increases at each option. The NN lease limits Landlord’s responsibilities to roof & structure. The property is a renovation of an existing store. Dollar General currently operates over 16,700 stores in 46 states, making it the largest small-box discount retailer in the country. In the 2019 fiscal year, Dollar General generated $27.8B in sales and had $2.2B in cash flows from operations, placing it #123 on the Fortune 500 list. Topeka is the capital city of Kansas and 5th largest city in the state, with a population of 127,139. The Topeka metro area encompasses a population of nearly 234,000 residents. The city’s economy is driven primarily by state government, as well as healthcare and manufacturing. The area household income is above $58,000 within a 5 mile radius.