Listing Agency: CBRE - Des Moines m***@cbre.com Show Phone

Listed By: Michael Smith · License #S43822000 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 23 Last Checked: Aug 25 at 5:20AM

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Investment Insights

Based on property information with market context.

The property features an 8,000 square foot building situated on 0.76 acres. It is located on the southeast side of Sabetha, Kansas, one block west of Highway 75, specifically on Old Highway 75. The property lies along Sabetha’s primary retail corridor, just south of Pizza Hut. Constructed in 1999, the building has been occupied by Dollar General since its construction. The property is secured with a NN+ lease, where the tenant reimburses the landlord for property taxes and parking lot maintenance. Dollar General is a leading small community discount store, reporting $38.7 billion in annual sales in 2023.

Key Highlights

• NN+ Lease: Tenant reimburses Landlord for property taxes and parking lot maintenance.
• Location: Situated along Sabetha's primary retail corridor, one block west of Highway 75.
• Tenant: Dollar General, a leading small community discount store with $38.7B in annual sales (2023).

Property Analytics

Property Profile

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Grocery & Convenience Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 66534, KS

3,704

Population

1,738

Households

2.1

Avg Household Size

41

Median Age

29%

College-Educated

94%

High-School Grad

146.7 sq mi

ZIP Area

25

Density / Sq Mi

$74,674

Median Household Income

$41,442

Median Earnings

$696

Median Rent

$182,500

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - 8,000 SF retail building on 0.76 acres available.

Where is this grocery and convenience store located?

The property is located at 1400 S US Hwy 75 Sabetha, KS.

What is the asking price?

The asking price for this property is $450,000.

What are key features of this property?

This property features: NN+ Lease: Tenant reimburses Landlord for property taxes and parking lot maintenance.; Location: Situated along Sabetha's primary retail corridor, one block west of Highway 75.; Tenant: **Dollar General**, a leading small community discount store with $38.7B in annual sales (2023).