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1903 4th Ave
Leavenworth, KS 66048
Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Corporately guaranteed lease by Dollar Tree Stores, Inc.
  • Average household income of $95,950 annually
  • Traffic counts on S 4th St. exceed ±20,000 vehicles daily

EXECUTIVE SUMMARY

2024 build-to-suit construction for Dollar Tree
±10 year NN+ lease with minimal landlord responsibility
5 mile population in excess of 50,087 residents
Nearby national tenants include Subway, Autozone, Pizza Hut, McDonalds, Taco Bell, Sonic, Ace Hardware, and many more
Strategically located near KSU Ft. Leavenworth (20,295 Students)
The subject property comes with a 20-year transferable roof warranty
Five, 5-year renewal options, all of which include attractive rental increases
Subject property is less than ±30 miles from Kansas City

Dollar Tree acquired Family Dollar in 2015 and they are considered to be the second largest discount retailer in the United States with more than 16,000 locations
Dollar Tree is one of the few retailers that thrived through the COVID pandemic and witnessed a sharp increase in same-store sales/profitability
Investment Grade Credit Tenant – S&P Rated BBB

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,000 SF
Building Class
B
Year Built
2024
Price
$3,307,992 CAD
Price Per SF
$330.80 CAD
Cap Rate
7.50%
NOI
$248,099 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
6.87 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 101-01-0-10-04-003.00-0
  • 101-01-0-10-04-004.00-0
Land Assessment
$466,597 CAD
Improvements Assessment
$1,501,554 CAD
Total Assessment
$1,968,151 CAD
  • Listing ID: 34346299

  • Date on Market: 2025-01-02

  • Last Updated:

  • Address: 1903 4th Ave, Leavenworth, KS 66048

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