108 N 9th St - Freestanding FOR SALE


Osage City, KS 66523
$1,575,000 USD
314-889-2565
108 N 9th St, Osage City, KS for Sale
$1,575,000 USD
Freestanding - FOR SALE
1/4
null | 7.54% Cap Rate

108 N 9th St
Osage City, KS 66523


HIGHLIGHTS

  • • Upgraded in 2023 from Dollar General Plus to Dollar General Market
  • • Conversion Performed at Tenant's Expense with No Landlord Contribution, Demonstrating Dollar General's Longterm Commitment to the Property
  • • Osage City is Located 37 Miles South of Topeka and 85 Miles West of Kansas City
  • • Investment-Grade Tenant Rated ‘BBB’
  • • Dollar General is the Nation’s Largest Retailer by Store Count, Operating More Than 20,000 Locations

OVERVIEW

Marcus & Millichap is pleased to present the Dollar General Market located at 108 N 9th Street in Osage City, Kansas, approximately 30 miles south of Topeka. Constructed in 2014, the property was upgraded to Dollar General Market in 2023 at Tenant expense with no landlord contribution or concessions. The property features a 12,406-square-foot building situated on 1.31 acres of land, prominently positioned in a retail corridor alongside other retail and convenience tenants. Nearby retailers and amenities in Osage City include Casey’s General Store, Sonic Drive-In, NAPA Auto Parts, and a variety of local businesses that support daily consumer needs. Dollar General Market stores differ from traditional Dollar General locations by offering an expanded selection of fresh and frozen food options, including produce, meats, and dairy, as well as a broader range of household essentials. These stores are designed as a hybrid between a conventional Dollar General and a neighborhood grocery store, often featuring a dedicated area for fresh food items, albeit in smaller quantities compared to full-line grocers.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$127 USD /SF

CAP RATE

7.54%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.31 AC

LAND SF

57,064 SF

ZONING

-

APN/PARCEL ID

070-147-25-0-20-05-002.00-0

ASK ABOUT THIS PROPERTY

Jake NowakMarcus & MillichapMore Info
314-889-2565

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Jake NowakMarcus & MillichapMore Info
314-889-2565

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.