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Dollar General 4235 Troost Ave 9,002 SF Retail Building Kansas City, MO 64110 $2,152,509 CAD ($239.11 CAD/SF) 7.60% Cap Rate



INVESTMENT HIGHLIGHTS
- The 2014 build-to-suit Dollar General has just under four years of base lease term with four, 5-year options thereafter
- Absolute NNN lease structure features zero Landlord expense obligations, providing an investor with a truly “hands-off” investment
- Located directly on Troost Ave., the site is nearby national retailers that include Taco Bell, Costco, Home Depot, Whole Foods and others
- The lease is backed by a corporate guarantee from Dollar General –#108 on the Fortune 500 list of companies
- Average household incomes of over $96,000 in a 3-mile radius
- Dollar General generated $40.6 billion in 2024 fiscal year sales and a net income of $1.1 billion
EXECUTIVE SUMMARY
Well-located absolute NNN Dollar General in one of the Midwest’s strongest markets. The Kansas City metro is home to 2.2 million residents and four professional sports teams. The tenant is the country’s largest small-box discount retailer with over 20,500 stores nationwide.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,002 SF
Building Class
B
Year Built
2014
Price
$2,152,509 CAD
Price Per SF
$239.11 CAD
Cap Rate
7.60%
NOI
$163,584 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.97 AC
Opportunity Zone
Yes
Parking
30 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
165’ on Troost Avenue
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 30-130-25-26-00-0-00-000 | Improvements Assessment | $316,229 CAD |
| Land Assessment | $79,831 CAD | Total Assessment | $396,060 CAD |
PROPERTY TAXES
Parcel Number
30-130-25-26-00-0-00-000
Land Assessment
$79,831 CAD
Improvements Assessment
$316,229 CAD
Total Assessment
$396,060 CAD
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Dollar General | 4235 Troost Ave
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