318 S Western Ave - Freestanding FOR SALE


Liberal, KS 67901
$1,750,000 USD
310-793-6069
318 S Western Ave, Liberal, KS for Sale
$1,750,000 USD
Freestanding - FOR SALE
1/7
null | 6.95% Cap Rate

318 S Western Ave
Liberal, KS 67901


HIGHLIGHTS

  • Absolute NNN lease with 12.5+ years remaining and zero landlord responsibilities.
  • Rare 5% rent increases every five years throughout the primary term.
  • National credit tenant (S&P: BBB) operating 20,000+ locations nationwide with a proven, recession-resistant business model.
  • Ideal demographics for Dollar General with 20,002 residents within a five-mile radius and an average household income over $71k.

OVERVIEW

Transwestern is pleased to exclusively offer for sale a single-tenant Dollar General located at 318 S Western Ave in Liberal, Kansas. The property is secured by an absolute NNN lease with over 12.5 years remaining in the primary term, providing long-term, passive income with zero landlord responsibilities. The lease features rare 5% rental increases during the primary term, offering strong contractual rent growth and built-in inflation protection. Dollar General operates more than 20,000 locations nationwide and is the leading discount retailer in the country, serving everyday consumer needs through a proven, necessity-based business model. The Liberal location benefits from its position within a stable regional trade area where discount retail plays a critical role in meeting daily demand. Coleby Henzlik Link Property Advisors, LLC KS# 00235512 Broker of Record

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$164 USD /SF

CAP RATE

6.95%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

AL

APN/PARCEL ID

193-06-0-10-10-004.00-0

ASK ABOUT THIS PROPERTY

CJ BrillTranswestern Real Estate ServicesMore Info
310-793-6069

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CJ BrillTranswestern Real Estate ServicesMore Info
310-793-6069

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