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FAMILY DOLLAR | DOLLAR TREE- SPRING HILL, KS 721 S Webster St

10,500 SF Retail Building Spring Hill, KS 66083 £1,400,956 (£133/SF) 7.25% Net Initial Yield

Investment Highlights

  • 9 years remaining on Corporately Guaranteed NN* Lease with $0.50 PSF rental escalations every 5 years in renewal options
  • Latest dual-branded format store offering both Family Dollar/Dollar Tree merchandise under one roof!
  • AFFLUENT 2024 DEMOGRAPHICS: 2024 Population (5-mi) 89,416 | 2024 Average Household Income (1-mi) $153,335
  • In July 2015, Dollar Tree completed the acquisition of Family Dollar, creating combined organization operating 16,397 stores.
  • Positioned on a large ±1.30-acre lot with great visibility/access on S Webster St with traffic counts of 5,233 CPD - 1/2 mile east of US-169 (19,522)

Executive Summary

Fee Simple (Building & Land)

Property Facts

Sale Type
Investment
Sale Condition
Sale & Leaseback
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,500 SF
Year Built
2023
Price
£1,400,956
Price Per SF
£133
Net Initial Yield
7.25%
NOI
£101,554
Tenancy
Single
Number of Floors
1
Building FAR
0.19
Land Acres
1.30 AC
Zoning
C

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage
  • Monument Signage

Links

1 of 1
(214) 643-6097

  • Listing ID: 33909269

  • Date on Market: 18/11/2024

  • Last Updated:

  • Address: 721 S Webster St, Spring Hill, KS 66083

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© 2024 CoStar Group

FAMILY DOLLAR | DOLLAR TREE- SPRING HILL, KS | 721 S Webster St
(214) 643-6097 x

FAMILY DOLLAR | DOLLAR TREE- SPRING HILL, KS | 721 S Webster St

Kendall Carlsen

(214) 643-6097

(214) 643-6097

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