505 Black Dog Trl
Caney, KS 67333

15-year NNN lease with 12 years remaining, five 5-year options, and zero landlord responsibilities. Dollar General generated almost $22 billion in gross revenue in fiscal 2016, and in excess of $1.25 billion in net income. As of March 3, 2017, Dollar General operates 13,400 stores in 44 US states. Since going public in 2009, the stock has more than tripled in value as of the end of Q1, 2017. The subject property is located in Caney, KS, one hour from Tulsa International Airport (TUL). Other national and regional chains in the area include Farmers Insurance, H&R Block, Subway, Sonic, Pizza Hut, and many others. The population within a 5-mile radius of the subject property is over 3,000 with average household incomes in the 1, 3, and 5-mile radii in the $44,000-$48,000+ range.