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Investment Highlights

  • Newly Renovated Dollar General Market with 8+ Years of Lease Term Remaining
  • Over $100K Invested in Repairs to the Roof & Parking Lot
  • This Location is a Dollar General Market - Enhanced Store Format Offering Expanded Grocery and Fresh Food Selections
  • Guaranteed by Dollar General Corporation (S&P: BBB)
  • The Only Essential Goods Provider in Silver Lake
  • Dollar General Markets Provide for More Cost Segregation Tax Incentives

Executive Summary

SHOP Companies is pleased to present the opportunity to acquire a NN-leased Dollar General Market in Silver Lake, Kansas. The property recently underwent significant renovations in 2024, including over $100,000 invested into the roof and parking lot. The lease offers over 8 years of remaining term, along with four (4) additional 5-year renewal options.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
11,696 SF
Building Class
C
Year Built/Renovated
1969/2024
Price
$2,505,043 CAD
Price Per SF
$214.18 CAD
Cap Rate
7.75%
NOI
$194,208 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.34 AC
Zoning
C2 - Commercial
Parking
32 Spaces (2.74 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
085-16-0-10-11-006-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$245,851 CAD
  • Listing ID: 40133182

  • Date on Market: 2026-04-13

  • Last Updated:

  • Address: 10020 NW US Highway 24, Silver Lake, KS 66539

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