120 Lebow St - Retail FOR SALE
Mankato, KS 66956 |
$1,022,700 USD
424-261-7308
120 Lebow St
Mankato, KS 66956
HIGHLIGHTS
- Investment-Grade Tenancy with Corporate Guarantee – Leased to Dollar General Corporation (NYSE: DG)
- Absolute Triple-Net (NNN) Lease – The property features a true absolute NNN structure
- Long-Term Lease with Built-In Rent Growth – Approximately 5 years of primary term remain, followed by four (4) five-year renewal options
- 2015 Built-to-Suit Construction – Delivered in 2015 as a purpose-built Dollar General, the property reflects tenant-specific design standards
- Strategic Location with Limited Competition – Positioned within a robust trade area with minimal direct retail competition
- Resilient Tenant and Business Model – Dollar General operates in the discount retail sector, a segment that is historically recession-resistant
FOR SALE DETAILS
PRICE
$1,022,700 USD
PRICE/SF
$112 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2015
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
135-15-0-40-04-005.00-0
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424-261-7308
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424-261-7308
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