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Leased Dollar General Retail Store
For Sale
Contact for pricing
Pending

2050 N State St, Iola, KS 66749

Single-tenant Dollar General is offered for sale with 5+ years remaining on the current lease term.

Property SizeContact for details
Days on Market148

Property Features for 2050 N State St

General Information

Standard status Pending
Property subtype Retail

Additional Details

Business Included Yes
Listing Agency: Trinity Real Estate Investment Services
Listed By: Branson Blackburn · License #TX 611825
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 4 at 7:53AM

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 Trinity Real Estate Investment Services

Investment Insights

Based on property information with market context.

This offering presents a leased Dollar General retail store for sale in Iola, Kansas, with 5+ years remaining on the current lease term. The property is operated as a single-tenant location.

The store is adjacent to a Walmart Supercenter. The public remarks indicate traffic directly in front of the property, and the tenant recently extended the lease by 5 years.

The investment is described in the materials as having an active, longer-term lease structure and a reported BBB (S&P) credit rating for the tenant.

Key Highlights

  • Single‑tenant Dollar General in Iola, KS offered for sale with 5+ years remaining on the current lease term
  • Adjacent to a Walmart Supercenter, with traffic counts generated directly in front of the property
  • Dollar General store has strong sales and recently extended the lease by an additional 5 years

Property Analytics

Current Use

FedEx OnSite Postal Service Dollar General Discount Store Sam And Louies Fountain Sculpture

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm HVAC Service Parking Lot & Garage Grocery & Convenience Store

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

145
Businesses Nearby
62k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 47% Dining 23% Home Improvements & Furnishings 19% Shops & Services 10%
Walmart Superstores
28,756 visits/mo 0.2 miles
Bomgaars Home Improvements & Furnishings
11,385 visits/mo 0.1 miles
Taco Bell Dining
7,888 visits/mo 0.3 miles
Dollar General Shops & Services
4,889 visits/mo 0.1 miles
Sam & Louie's Dining
3,365 visits/mo 0.1 miles

Demographics for 66749, KS

7,512
Population
3,532
Households
2.1
Avg Household Size
40
Median Age
25%
College-Educated
94%
High-School Grad
109.1 sq mi
ZIP Area
69
Density / Sq Mi
$56,510
Median Household Income
$31,486
Median Earnings
$715
Median Rent
$101,000
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
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Single-tenant Dollar General is offered for sale with 5+ years remaining on the current lease term.
Where is this grocery and convenience store located?
The property is located at 2050 N State St Iola, KS.
What are key features of this property?
This property features: Single‑tenant Dollar General in Iola, KS offered for sale with 5+ years remaining on the current lease term; Adjacent to a Walmart Supercenter, with traffic counts generated directly in front of the property; Dollar General store has strong sales and recently extended the lease by an additional 5 years
(325) 864-9775 Call to check price and availability
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