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    4229 Troost Ave Kansas City, MO 64106

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    For Sale
    $1,542,000

    NNN Dollar General with corporate guarantee and zero landlord obligations.

    Property size:
    9,002 SF
    Lot size:
    0.98 Acres

    Property Features for 4229 Troost Ave

    General Information

    Size
    9,002 SF
    Lot size
    0.98 Acres

    Source: CP Partners Agent Ryan Schulten

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dollar General NNN Investment Opportunity

    This property features a 2014 build-to-suit Dollar General with just under four years of base lease term remaining, along with four, 5-year options thereafter. The lease is backed by a corporate guarantee from Dollar General, ranked #108 on the Fortune 500 list. The absolute NNN lease structure requires zero landlord expense obligations. The property is located directly on Troost Ave., near national retailers such as Taco Bell, Costco, Home Depot, and Whole Foods. The surrounding area boasts average household incomes of over $96,000 within a 3-mile radius. Dollar General generated $40.6 billion in 2024 fiscal year sales and a net income of $1.1 billion. The property size is 9,002 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Midland Probiotics, Claude Bilso, Chow420 CBD Dispensary Fulfillment Center, Delivery Only, YEP STRENGTH, Smile Direct Club

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Platte
    State
    Missouri
    Longitude
    -94.5721011
    Latitude
    39.0496476

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    FAQs

    What type of property is this?
    Drug store - NNN Dollar General with corporate guarantee and zero landlord obligations.
    Where is this drug store located?
    The property is located at 4229 Troost Ave Kansas City, MO.
    What is the asking price?
    The asking price for this property is $1,542,000.
    What are key features of this property?
    This property features: - Absolute NNN lease provides a truly hands-off investment.; - Corporate guarantee from Dollar General, a Fortune 500 company (#108).; - Existing lease term with approximately four years remaining, plus four, 5-year options.
    (562) 230-5606
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4229 Troost Ave Kansas City, MO 64106
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