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Dollar General 489 S Fossil St 8,625 SF Retail Building Russell, KS 67665 $495,000 ($57.39/SF) 7.76% Cap Rate
Investment Highlights
- The property is on the southside of Russell, Kansas along the Old Hwy 40/Hwy 281 primary business district.
- Dollar General has occupied this location since it was constructed in 2000.
- The property is just north of The Quality Inn, Sonic, Pizza Hut, and McDonalds.
Executive Summary
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 $40.6B in annual sales in 2024.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,625 SF
Building Class
C
Year Built
2000
Price
$495,000
Price Per SF
$57.39
Cap Rate
7.76%
NOI
$38,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.10 AC
Zoning
C2 - The property consists of a 8,625 SF building on 1.1 acres on the southside of Russell, Kansas along the Old Hwy 40/Hwy 281 primary business district.
Frontage
245’ on Fossil St
Nearby Major Retailers
Property Taxes
| Parcel Number | 148-34-0-10-16-005.00-0 | Improvements Assessment | $84,810 |
| Land Assessment | $5,938 | Total Assessment | $90,748 |
Property Taxes
Parcel Number
148-34-0-10-16-005.00-0
Land Assessment
$5,938
Improvements Assessment
$84,810
Total Assessment
$90,748
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Dollar General | 489 S Fossil St
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