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Dollar General 120 Lebow St 9,100 SF Retail Building Mankato, KS 66956 $1,022,700 ($112.38/SF) 8% Cap Rate

Retail Spaces Kansas Mankato 120 Lebow St, Mankato, KS 66956

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Investment Highlights

  • Investment-Grade Tenancy with Corporate Guarantee – Leased to Dollar General Corporation (NYSE: DG)
  • Long-Term Lease with Built-In Rent Growth – Approximately 5 years of primary term remain, followed by four (4) five-year renewal options
  • Strategic Location with Limited Competition – Positioned within a robust trade area with minimal direct retail competition
  • Absolute Triple-Net (NNN) Lease – The property features a true absolute NNN structure
  • 2015 Built-to-Suit Construction – Delivered in 2015 as a purpose-built Dollar General, the property reflects tenant-specific design standards
  • Resilient Tenant and Business Model – Dollar General operates in the discount retail sector, a segment that is historically recession-resistant

Executive Summary

Kyle Matthews
License # #CO00002672 (KS)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
9,100 SF
Year Built
2015
Price
$1,022,700
Price Per SF
$112.38
Cap Rate
8%
NOI
$81,816
Tenancy
Single
Building Height
1 Story
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Links

1 1

Property Taxes

Parcel Number 135-15-0-40-04-005.00-0 Improvements Assessment $134,830
Land Assessment $2,953 Total Assessment $137,783

Property Taxes

Parcel Number
135-15-0-40-04-005.00-0
Land Assessment
$2,953
Improvements Assessment
$134,830
Total Assessment
$137,783
(424) 261-7308

Still interested?

Contact the brokers for more information about this property

Contacts

  • Listing ID: 38791809

  • Date on Market: 12/16/2025

  • Last Updated:

  • Address: 120 Lebow St, Mankato, KS 66956

More public record information on 120 Lebow St, Mankato, KS 66956

The Retail Property at 120 Lebow St, Mankato, KS 66956 is currently available for Sale. Contact Matthews Real Estate Investment Services for more information.

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Dollar General | 120 Lebow St
(424) 261-7308 x

Dollar General | 120 Lebow St

Brett Beers
(424) 261-7308

Kevin Bettinger
(310) 579-9692

Erik Vogelzang
(562) 279-4886

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