Dollar General NNN
For Sale
Contact for pricing
12650 Linwood Rd, Linwood, KS 66052
Operating retail asset backed by an absolute NNN lease with renewal options and corporate tenant guarantee.
Property SizeContact for details
Days on Market144
Property Features for 12650 Linwood Rd
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 6:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortis Net Lease
Investment Insights
Based on property information with market context.
This 9,100-square-foot Dollar General Plus store has operated since January 2022 and is offered with fee simple ownership. The property is subject to a 15-year absolute NNN lease, leaving no landlord responsibilities under the stated lease structure. Four additional five-year renewal options provide future extension periods, with a 10% rental increase at each option. Dollar General Corporation provides the lease guarantee and carries a BBB credit rating classified as investment grade.
The store occupies the corner of 198th Street and East 1st Street in Linwood, Kansas, within the Kansas City MSA. The intersection records 3,157 cars per day, and no other dollar store is identified within 7+ miles. The surrounding trade area includes a 10-mile population of 58,355, a three-mile average household income of $100,791 per year, and 5.40% 10-mile population growth.
The offering also includes a stated 5.15% cap rate and is identified as suitable for a 1031 exchange buyer or passive investor.
The store occupies the corner of 198th Street and East 1st Street in Linwood, Kansas, within the Kansas City MSA. The intersection records 3,157 cars per day, and no other dollar store is identified within 7+ miles. The surrounding trade area includes a 10-mile population of 58,355, a three-mile average household income of $100,791 per year, and 5.40% 10-mile population growth.
The offering also includes a stated 5.15% cap rate and is identified as suitable for a 1031 exchange buyer or passive investor.
Key Highlights
- 9,100 SF Dollar General Plus store operating since January 2022
- 15‑year absolute NNN lease with zero landlord responsibilities
- Four 5‑year renewal options, each carrying a 10% rental increase
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 66052, KS
2,070
Population
827
Households
2.5
Avg Household Size
44
Median Age
36%
College-Educated
90%
High-School Grad
40.8 sq mi
ZIP Area
51
Density / Sq Mi
$85,885
Median Household Income
$50,236
Median Earnings
$986
Median Rent
$338,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Operating retail asset backed by an absolute NNN lease with renewal options and corporate tenant guarantee.
Where is this nnn property located?
The property is located at 12650 Linwood Rd Linwood, KS.
What are key features of this property?
This property features: 9,100 SF Dollar General Plus store operating since January 2022; 15‑year absolute NNN lease with zero landlord responsibilities; Four 5‑year renewal options, each carrying a 10% rental increase
