Dollar General 2101 N Buckeye Ave 15,769 SF 100% Leased Retail Building Abilene, KS 67410 $830,000 ($52.63/SF) 7.03% Cap Rate

This offering presents a 100% leased, below-replacement-cost acquisition with approximately 50% rent upside at Abilene's dominant retail intersection.
The property is leased to Dollar General and Yesterday's Rose, both of which have occupied the center for 25 years. Both recently renewed their final option for five-year terms showing commitment to the property. With no remaining renewal options and rents estimated to be approximately 50% below market, investors benefit from stable cash flow and a clear path to future value creation.
Priced at just $52 per square foot, the property can be acquired significantly below replacement cost and features substantial parking, excess land, and a flexible dual-building configuration. Ownership has invested more than $220,000 in capital improvements, enhancing the asset's long-term appeal.
The property is adjacent to a high-performing McDonald's generating approximately $3.35 million in annual sales and directly across from Country Mart and Holm Chevrolet, positioning it at Abilene's primary retail corridor. The local economy is supported by major employers Kubota/Great Plains and Russell Stover Chocolates (1,600+ employees combined), a stable population base, and approximately 166,000 annual visitors. Located along Interstate 70, Abilene functions as a stable, self-contained trade area serving both local residents and travelers.