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108 N 9th St 12,406 SF Retail Building Osage City, KS 66523 $2,198,574 CAD ($177.22 CAD/SF) 7.54% Cap Rate

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INVESTMENT HIGHLIGHTS

  • • Upgraded in 2023 from Dollar General Plus to Dollar General Market
  • • Osage City is Located 37 Miles South of Topeka and 85 Miles West of Kansas City
  • • Dollar General is the Nation’s Largest Retailer by Store Count, Operating More Than 20,000 Locations
  • • Conversion Performed at Tenant's Expense with No Landlord Contribution, Demonstrating Dollar General's Longterm Commitment to the Property
  • • Investment-Grade Tenant Rated ‘BBB’

EXECUTIVE SUMMARY

Marcus & Millichap is pleased to present the Dollar General Market located at 108 N 9th Street in Osage City, Kansas, approximately 30 miles south of Topeka.
Constructed in 2014, the property was upgraded to Dollar General Market in 2023 at Tenant expense with no landlord contribution or concessions. The property features a 12,406-square-foot building situated on 1.31 acres of land, prominently positioned in a retail corridor alongside other retail and convenience tenants. Nearby retailers and amenities in Osage City include Casey’s General Store, Sonic Drive-In, NAPA Auto Parts, and a variety of local businesses that support daily consumer needs.
Dollar General Market stores differ from traditional Dollar General locations by offering an expanded selection of fresh and frozen food options, including produce, meats, and dairy, as well as a broader range of household essentials. These stores are designed as a hybrid between a conventional Dollar General and a neighborhood grocery store, often featuring a dedicated area for fresh food items, albeit in smaller quantities compared to full-line grocers.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,406 SF
Building Class
B
Year Built/Renovated
2014/2023
Price
$2,198,574 CAD
Price Per SF
$177.22 CAD
Cap Rate
7.54%
NOI
$165,692 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.31 AC
Opportunity Zone
Yes
Parking
40 Spaces (3.19 Spaces per 1,000 SF Leased)

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 99,999 SF - Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
070-147-25-0-20-05-002.00-0
Land Assessment
$5,159 CAD
Improvements Assessment
$287,780 CAD
Total Assessment
$292,939 CAD
  • Listing ID: 38394143

  • Date on Market: 2025-11-10

  • Last Updated:

  • Address: 108 N 9th St, Osage City, KS 66523

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