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FAMILY DOLLAR | DOLLAR TREE- SPRING HILL, KS 721 S Webster St

10,500 SF Retail Building Spring Hill, KS 66083 $1,786,000 ($170/SF) 7.25% Cap Rate

Investment Highlights

  • 9 years remaining on Corporately Guaranteed NN* Lease with $0.50 PSF rental escalations every 5 years in renewal options
  • Latest dual-branded format store offering both Family Dollar/Dollar Tree merchandise under one roof!
  • AFFLUENT 2024 DEMOGRAPHICS: 2024 Population (5-mi) 89,416 | 2024 Average Household Income (1-mi) $153,335
  • In July 2015, Dollar Tree completed the acquisition of Family Dollar, creating combined organization operating 16,397 stores.
  • Positioned on a large ±1.30-acre lot with great visibility/access on S Webster St with traffic counts of 5,233 CPD - 1/2 mile east of US-169 (19,522)

Executive Summary

Fee Simple (Building & Land)

Property Facts

Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,500 SF
Year Built
2023
Price
$1,786,000
Price Per SF
$170
Cap Rate
7.25%
NOI
$129,465
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.30 AC
Zoning
C

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage
  • Monument Signage

Nearby Major Retailers

Snap Fitness 24/7
Price Chopper
  • Listing ID: 34226731

  • Date on Market: 11/18/2024

  • Last Updated:

  • Address: 721 S Webster St, Spring Hill, KS 66083

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