Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Discount Store
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Postal Service Courier Service
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Bank Credit Union
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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