10020 NW US Highway 24 - Retail FOR SALE
Silver Lake, KS 66539 |
$1,817,000 USD
918-384-9604
10020 NW US Highway 24
Silver Lake, KS 66539
HIGHLIGHTS
- Newly Renovated Dollar General Market with 8+ Years of Lease Term Remaining
- Guaranteed by Dollar General Corporation (S&P: BBB)
- Over $100K Invested in Repairs to the Roof & Parking Lot
- The Only Essential Goods Provider in Silver Lake
- This Location is a Dollar General Market - Enhanced Store Format Offering Expanded Grocery and Fresh Food Selections
- Dollar General Markets Provide for More Cost Segregation Tax Incentives
OVERVIEW
SHOP Companies is pleased to present the opportunity to acquire a NN-leased Dollar General Market in Silver Lake, Kansas. The property recently underwent significant renovations in 2024, including over $100,000 invested into the roof and parking lot. The lease offers over 8 years of remaining term, along with four (4) additional 5-year renewal options.
FOR SALE DETAILS
PRICE
$1,817,000 USD
PRICE/SF
$156 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General Market - Silver Lake, KS
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1969
SPRINKLERS
-
PARKING SPACES
32
LAND DETAILS
LAND ACRES
1.34 AC
LAND SF
58,370 SF
ZONING
C2
APN/PARCEL ID
085-16-0-10-11-006-000
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
918-384-9604
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
918-384-9604
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
