Share This Listing

Message

949 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Dollar General 120 Lebow St 9,100 SF Retail Building Mankato, KS 66956 $1,408,145 CAD ($154.74 CAD/SF) 8% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Investment-Grade Tenancy with Corporate Guarantee – Leased to Dollar General Corporation (NYSE: DG)
  • Long-Term Lease with Built-In Rent Growth – Approximately 5 years of primary term remain, followed by four (4) five-year renewal options
  • Strategic Location with Limited Competition – Positioned within a robust trade area with minimal direct retail competition
  • Absolute Triple-Net (NNN) Lease – The property features a true absolute NNN structure
  • 2015 Built-to-Suit Construction – Delivered in 2015 as a purpose-built Dollar General, the property reflects tenant-specific design standards
  • Resilient Tenant and Business Model – Dollar General operates in the discount retail sector, a segment that is historically recession-resistant

EXECUTIVE SUMMARY

Kyle Matthews
License # #CO00002672 (KS)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
9,100 SF
Year Built
2015
Price
$1,408,145 CAD
Price Per SF
$154.74 CAD
Cap Rate
8%
NOI
$112,652 CAD
Tenancy
Single
Building Height
1 Story
Opportunity Zone
Yes
  • Listing ID: 38791809

  • Date on Market: 2025-12-16

  • Last Updated:

  • Address: 120 Lebow St, Mankato, KS 66956

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}