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FAMILY DOLLAR | DOLLAR TREE- SPRING HILL, KS 721 S Webster St 10,500 SF Retail Building Spring Hill, KS 66083 $2,429,514 CAD ($231.38 CAD/SF) 7.25% Cap Rate

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Investment Highlights

  • CORPORATE GURANTEED LEASE: 7 years remaining on Corporately Guaranteed NN* Lease with $0.50 PSF Rental Escalations every 5 years in Renewal Options
  • LARGE PARCEL: Positioned on a large ±1.30-acre lot with great visibility/access on S Webster St.
  • 2025 AFFLUENT DEMOGRAPHICS (5-MI): Total Population: 14,557 | Average Household Income: $133,972
  • CORPORATE TENANT: Family Dollar Stores operates 7,145 stores in the U.S.
  • TRAFFIC COUNTS: exceed 5,233 CPD - 1/2 mile east of US-169 (19,522 CPD)

Executive Summary

Fee Simple (Building & Land)

Property Facts

Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,500 SF
Year Built
2023
Price
$2,429,514 CAD
Price Per SF
$231.38 CAD
Cap Rate
7.25%
NOI
$176,113 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.30 AC
Zoning
C

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage
  • Monument Signage

Nearby Major Retailers

Snap Fitness 24/7
Price Chopper
  • Listing ID: 39145978

  • Date on Market: 2024-11-18

  • Last Updated:

  • Address: 721 S Webster St, Spring Hill, KS 66083

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