1701 Main St La Crosse, KS 67548-9801
This exceptional investment opportunity features a portfolio of three Dollar General properties located in Kansas: La Crosse (1701 Main St, 67548), Cawker City (1208 Wisconsin St, 67430), and Lincoln (1886 State Hwy 18, 67455). The portfolio totals 27,226 square feet, built in 2014/2015 and renovated in 2016, situated on 5.5 acres of land. Each property boasts an Absolute NNN lease with Dollar General, an investment-grade tenant (S&P rating BBB), minimizing landlord responsibilities. The current leases have approximately 5-6 years remaining on the primary term, with four 5-year options available on each. The portfolio offers a compelling 8.00% cap rate and a strong NOI of $207,525, with an asking price of $2,594,550 ($95.30/sq ft). Future rent increases are projected, further enhancing the return on investment. This is a rare opportunity to acquire a well-performing, low-maintenance retail portfolio anchored by a highly reputable national tenant. The properties are fee simple ownership.
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Dollar General Discount Store
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FedEx OnSite Postal Service Courier Service
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Western Union Bank Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.