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Investment Highlights

  • 7 years remaining on Corporately Guaranteed NN* Lease with $0.50 PSF rental escalations every 5 years in renewal options
  • Corporate Tenant: Family Dollar Stores Operate 7,145 stores in the U.S.
  • AFFLUENT 2024 DEMOGRAPHICS: 2024 Population (5-mi) 89,416 | 2024 Average Household Income (1-mi) $153,335
  • Large Parcel | Traffic Counts: Positioned on a large ±1.30-acre lot with great visibility/access on S Webster St with traffic counts of 5,233 CPD – 1/

Executive Summary

The Asset is Positioned on a large ±1.30-acre lot with great visibility/access on S Webster St. with traffic counts of 5,233 CPD – 1/2 mile east of US-169 (19,522 CPD). Spring Hill has retailers such as Hobby Lobby, Walmart, Dollar General, Napa Auto Parts, Price Chopper, The Home Depot, Target, Aldi, General Mills, GM, Nebraska Furniture Mart, Best Western Plus, Motel 6, Valvoline, Garmin, Dillard’s, Sutherlands, CVS, Hy-Vee, Walgreens, CareNow Urgent Care, FedEx Office, JC Penney, Amazon, Geico, Embassy Suites, Holiday Inn Express, Sports Clips, Scooters Coffee, Starbucks, Dutch Bros Coffee, Costco Wholesale, Radisson Hotel, TJ Maxx, Homegoods, David’s Bridal, Sam’s Club, DSW, Mattress Firm, The UPS Store, Meineke, Northern Tool + Equipment, Nordstrom Rack, Chase, Staples, Shoe Carnival, Petco, Macy’s, Best Buy, ROSS, Bath & Body Works and Academy Sports + Outdoors; 38 miles from The University of Kansas – a public research university with its main campus in Lawrence, Kansas. Enrollment at the Lawrence and Edwards campuses was 23,958 students, and employs 4,776 faculty members; 29 miles from University of Missouri-Kansas City – a public research university in Missouri with enrollment exceeding 16,000 students; 30 miles from Saint Luke’s Hospital of Kansas City – the largest faith-based care hospital in the region—offering many specialized programs and 629 beds.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,500 SF
Year Built
2023
Price
$2,447,784 CAD
Price Per SF
$233.12 CAD
Cap Rate
7.25%
NOI
$177,464 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
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Snap Fitness 24/7
Price Chopper
  • Listing ID: 40516524

  • Date on Market: 2026-05-13

  • Last Updated:

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

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