4520 E 13th St N 8,000 SF Retail Building Wichita, KS 67208 $1,240,000 ($155/SF) 8% Cap Rate

This opportunity offers the acquisition of a freestanding Dollar General investment property located along a highly visible retail corridor in Wichita, Kansas. The property is leased to Dolgencorp, LLC, the operating entity of Dollar General, one of the nation's largest discount retailers with approximately 20,000 locations across the United States. The store occupies an established retail site with dedicated parking, prominent frontage, and convenient customer access.
The investment is supported by a long-term net lease structure with approximately four years remaining in the initial term, providing stable cash flow from a nationally recognized tenant. The lease includes four additional five-year renewal options, each featuring scheduled rent increases, creating future income growth potential. The current annual base rent is $99,648.
Located in Wichita, the largest city in Kansas and a major regional employment center, the property benefits from strong surrounding traffic patterns and established residential density. Traffic counts along East 13th Street and North Oliver Street range from approximately 15,000 to over 18,500 vehicles per day, supporting ongoing consumer visibility and accessibility. The property's position within a mature commercial corridor and its tenancy by an established national retailer provide investors with a recognizable net-leased asset in a well-established market.