405 Grant St - Freestanding FOR SALE
Atwood, KS 67730 |
$1,191,600 USD
415-308-4987
405 Grant St
Atwood, KS 67730
HIGHLIGHTS
- The subject is the sole general-merchandise discount retailer operating in Rawlins County
- The nearest former dollar-store competitor, a Family Dollar in Oberlin, KS, permanently closed April 11, 2024
- Positioned near the junction of U.S. Route 36 and K-25, Atwood’s primary highway intersection, with pylon signage providing direct roadway visibility
- Rawlins County Health Center, a county-owned 24-hour critical access hospital and the area’s primary employer, located approximately two blocks away
- Dollar General corporate guaranty backs a 15-year absolute NNN lease that commenced January 1, 2020, with nine years of primary term remaining
- Four renewal options provide lease runway well beyond the primary term, with rental increases at each option period
FOR SALE DETAILS
PRICE
$1,191,600 USD
PRICE/SF
$159 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
26
LAND DETAILS
LAND ACRES
0.62 AC
LAND SF
27,007 SF
ZONING
C-2
APN/PARCEL ID
153-08-0-10-04-003.00-0
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415-308-4987
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415-308-4987
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