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Dollar General 12650 198th St 10,566 SF Retail Building Linwood, KS 66052 $1,487,808 ($140.81/SF) 6.25% Cap Rate
Investment Highlights
- Extensive Store Network – Over 20,000 Locations Across the U.S., Ensuring Strong Brand Presence
- Recession-Resilient Business Model – Focus on Essential Goods, Making It a Stable Investment During Economic Downturns
- Strong Credit Rating – Investment-Grade Rating, Reducing Financial Risk for Investors
Executive Summary
The Property is Located in Linwood, Kansas, a Community Positioned within the Greater Kansas City MSA, Providing Convenient Access to Surrounding Residential Neighborhoods and Supporting Demand for Retail and ServiceOriented Businesses.Located near the $4+ billion Panasonic EV Battery Plant under construction in De Soto, KS, one of the largest economic development projects in Kansas history. The facility is expected to generate 4,000+ direct jobs and thousands of additional indirect jobs, bringing substantial new employment, housing demand, and consumer spending to the surrounding trade area. Linwood Serves as a Residential Community Supporting Nearby Townships and Rural Areas, Providing a Reliable Customer Base for Convenience Retail and Essential Services. The Property Benefits from Proximity to Major Regional Roadways Connecting the Area to Nearby Cities and Employment Centers within the Greater Kansas City Market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,566 SF
Building Class
C
Year Built
2022
Price
$1,487,808
Price Per SF
$140.81
Cap Rate
6.25%
NOI
$92,988
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.00 AC
Frontage
96’ on 198th Street
Property Taxes
| Parcel Number | 226-13-0-00-00-004.00-0 | Improvements Assessment | $0 |
| Land Assessment | $3,183 | Total Assessment | $3,183 |
Property Taxes
Parcel Number
226-13-0-00-00-004.00-0
Land Assessment
$3,183
Improvements Assessment
$0
Total Assessment
$3,183
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Dollar General | 12650 198th St
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