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Absolute NNN Dollar General 222 W 1st St 7,489 SF Retail Building Gas, KS 66742 $960,000 ($128.19/SF) 7.50% Cap Rate
Investment Highlights
- Located in Gas, KS, near the Chanute retail and employment market
- Average Annual HH Income exceeds $74K within a 3 Mile Radius
- Limited local competition supports consistent store performance
Executive Summary
Exclusive Realty is pleased to present an Absolute NNN Dollar General for sale in Gas, Kansas, a necessity-based retail investment serving a stable rural trade area in Neosho County. Gas is located just outside Chanute, allowing the property to benefit from nearby employment centers, schools, and healthcare facilities while maintaining limited local retail competition. The store serves residents of Gas and surrounding rural communities that rely on Dollar General for affordable household goods, groceries, and everyday essentials. With a long term Absolute NNN lease and zero landlord responsibilities, this property offers investors a secure, fully passive income stream backed by a nationally recognized discount retailer.
Data Room Click Here to Access
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,489 SF
Building Class
B
Year Built
2017
Price
$960,000
Price Per SF
$128.19
Cap Rate
7.50%
NOI
$72,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.73 AC
Parking
28 Spaces (3.74 Spaces per 1,000 SF Leased)
Frontage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
-
Jan 0000
Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | Jan 0000 |
Property Taxes
| Parcel Number | 089-29-0-40-31-002.01-0 | Improvements Assessment | $158,018 |
| Land Assessment | $2,533 | Total Assessment | $160,551 |
Property Taxes
Parcel Number
089-29-0-40-31-002.01-0
Land Assessment
$2,533
Improvements Assessment
$158,018
Total Assessment
$160,551
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Absolute NNN Dollar General | 222 W 1st St
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