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1709 North St

9,020 SF 100% Leased Retail Building Seneca, KS 66538 £433,715 (£48/SF) 8.20% Net Initial Yield

Investment Highlights

  • Highly visible free-standing store
  • Lot Size: 1.02 AC
  • Area businesses include Boomgars, Sonic, and Casey‘s General Stores.
  • Lease Type: NN+

Executive Summary

Property is secured with NN+ corporate lease. Tenant reimburses Landlord for property taxes and parking lot maintenance. Dollar General is the nation‘s leading small community discount store and posted $38.7B in annual sales in 2023.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,020 SF
Building Class
C
Year Built
2000
Price
£433,715
Price Per SF
£48
Net Initial Yield
8.20%
NOI
£35,550
Percent Leased
100%
Number of Floors
1
Building FAR
0.21
Land Acres
1.00 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
068-28-0-40-04-021.02-0
Land Assessment
£7,750
Improvements Assessment
£65,124
Total Assessment
£72,874
  • Listing ID: 33126914

  • Date on Market: 10/09/2024

  • Last Updated:

  • Address: 1709 North St, Seneca, KS 66538

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