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7155 Route 66
Riverton, KS 66770
Dollar General · Retail Property For Sale
PROPERTY FACTS
About 7155 Route 66 , Riverton, KS 66770
The offering provides a rare opportunity to acquire an absolute NNN Dollar General. The 15-year lease features a Corporate Guaranty, and includes four 5-year options, with rental increases at the start of each option period. This new construction build-to-suit asset has zero landlord maintenance or expense obligations. Located along the famous Route 66, Riverton is located just 10 miles outside of Joplin, MO, and boasts average incomes in excess of $71,000 within a 5-mile radius and over 88,000 residents in a 10-mile radius. Dollar General generated $25.6 billion in 2018 fiscal year sales and net income of $1.6 billion. Dollar General currently operates over 15,000 stores in 44 states, making it the country’s largest small-box discount retailer. The company has an S&P rating of BBB, which has been raised five times since 2009, and is a better credit rating than its main competitors. Dollar General’s stock is up 45% over the past 24 months.
PROPERTY TAXES
Parcel Number | 204-17-0-30-01-031.00-0 | Improvements Assessment | $283,993 |
Land Assessment | $3,758 | Total Assessment | $287,751 |
PROPERTY TAXES
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Listing ID: 15624407
Date on Market: 4/3/2019
Last Updated:
Address: 7155 Route 66, Riverton, KS 66770
The Retail Property at 7155 Route 66, Riverton, KS 66770 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.