Building Details

Tenancy Single

Listing Agency: NAI Rupe Helmer s***@svn.com Show Phone

Listed By: Susan Davis · License #OK 024512

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Aug 8 at 12:33PM

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Investment Insights

Based on property information with market context.

This for-sale opportunity is a fee-simple interest in a freestanding Dollar General property. The asset is operating under an absolute triple-net lease with zero landlord responsibilities. The lease is guaranteed by Dollar General’s corporate entity and includes five, five-year options, with 10 percent rental increases at the beginning of each option period.

The property is located in Alma, KS, and Dollar General serves as a primary convenience shopping destination for residents within a 15-mile radius, according to the offering remarks.

The deal structure is focused on a leased retail asset secured by a corporate guarantee, supported by the tenant’s option structure described in the lease terms.

Key Highlights

• Freestanding Dollar General in Alma, KS offered as fee‑simple interest
• Operating under an absolute triple‑net lease with zero landlord responsibilities
• Lease is guaranteed by Dollar General’s corporate entity

Property Analytics

Current Use

Redbox Cinema Western Union Bank Dollar General Discount Store

Suggested Use

Top Pick Building Supply Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Bakery Butcher

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

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

113

Businesses Nearby

4k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 87% Dining 13%

Dollar General Shops & Services

3,461 visits/mo 0.4 miles

Gambino's Dining

508 visits/mo 0.5 miles

Demographics for 66401, KS

1,744

Population

1,089

Households

1.6

Avg Household Size

47

Median Age

30%

College-Educated

97%

High-School Grad

241.1 sq mi

ZIP Area

7

Density / Sq Mi

$58,490

Median Household Income

$45,547

Median Earnings

$191,000

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

Questions? Ask Rey

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What type of property is this? Where is this grocery and convenience stores located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Freestanding Dollar General property operating under an absolute triple-net lease with zero landlord responsibilities.

Where is this grocery and convenience store located?

The property is located at 337 East 11th Street Alma, KS.

What are key features of this property?

This property features: Freestanding Dollar General in Alma, KS offered as fee‑simple interest; Operating under an absolute triple‑net lease with zero landlord responsibilities; Lease is guaranteed by Dollar General’s corporate entity