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Dollar General 1400 S Us Old Highway 75 8,000 SF Retail Building Sabetha, KS 66534 $450,000 ($56.25/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- The property is located along Sabetha‘s primary retail corridor just south of Pizza Hut.
- Dollar General has occupied this location since it was constructed in 1999.
- The property consists of a 8,000 SF building on 0.76 acres on the southeast side of Sabetha, Kansas one block west of Highway 75 (on Old Highway 75).
EXECUTIVE SUMMARY
The property consists of a 8,000 SF building on 0.76 acres on the southeast side of Sabetha, Kansas one block west of Highway 75 (on Old Highway 75). The property is located along Sabetha‘s primary retail corridor just south of Pizza Hut. Dollar General has occupied this location since it was constructed in 1999. The property is secured with a NN+ lease, in which Tenant reimburses Landlord for property taxes and parking lot maintenance. Dollar General is the nation‘s leading small community discount store, having posted $38.7B in annual sales in 2023.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
C
Year Built
1999
Price
$450,000
Price Per SF
$56.25
Cap Rate
8%
NOI
$36,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.76 AC
Frontage
165’ on US Old Highway 75 HWY
PROPERTY TAXES
| Parcel Number | 053-07-0-00-00-004.04-0 | Improvements Assessment | $47,530 |
| Land Assessment | $2,935 | Total Assessment | $50,465 |
PROPERTY TAXES
Parcel Number
053-07-0-00-00-004.04-0
Land Assessment
$2,935
Improvements Assessment
$47,530
Total Assessment
$50,465
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Dollar General | 1400 S Us Old Highway 75
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