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Investment Highlights

  • Absolute NNN lease with 12.5+ years remaining and zero landlord responsibilities.
  • National credit tenant (S&P: BBB) operating 20,000+ locations nationwide with a proven, recession-resistant business model.
  • Rare 5% rent increases every five years throughout the primary term.
  • Ideal demographics for Dollar General with 20,002 residents within a five-mile radius and an average household income over $71k.

Executive Summary

Transwestern is pleased to exclusively offer for sale a single-tenant Dollar General located at 318 S Western Ave in Liberal, Kansas. The property is secured by an absolute NNN lease with over 12.5 years remaining in the primary term, providing long-term, passive income with zero landlord responsibilities. The lease features rare 5% rental increases during the primary term, offering strong contractual rent growth and built-in inflation protection.
Dollar General operates more than 20,000 locations nationwide and is the leading discount retailer in the country, serving everyday consumer needs through a proven, necessity-based business model. The Liberal location benefits from its position within a stable regional trade area where discount retail plays a critical role in meeting daily demand.
Coleby Henzlik
Link Property Advisors, LLC
KS# 00235512
Broker of Record

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Year Built
2024
Price
$2,377,848 CAD
Price Per SF
$223.48 CAD
Cap Rate
6.95%
NOI
$165,156 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.50 AC
Zoning
AL
Frontage
494’ on WESTERN AVE
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Walmart Neighborhood Market
CrossFit Fracas
El Rancho
Equity Bank

Property Taxes

Property Taxes

Parcel Number
193-06-0-10-10-004.00-0
Land Assessment
$2,372 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,372 CAD
  • Listing ID: 40408572

  • Date on Market: 2026-05-05

  • Last Updated:

  • Address: 318 S Western Ave, Liberal, KS 67901

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