Dollar General - Atchison, KS
727-729 Kansas Ave
Dollar General - Atchison, KS - Retail for sale
•The Property is located in downtown Atchison among the city’s largest employers and national retailers, including MGP Ingredients, Atchison Middle School, Atchison YMCA, City of Atchison, McDonald’s and the United States Postal Service.
•Both tenants have exercised multiple renewal options for the Property, reflecting their commitment to this location.
•Dollar General possesses significant market share and faces minimal competition, with no national dollar stores within a 15-mile radius of the Asset.
•Operating on an double-net lease structure, Dollar General’s lease features minimal landlord responsibilities and one, five-year renewal option with a ten percent rental increase.
•Dollar General offers investment-grade tenancy (S&P: ‘BBB’) and contributes 87% of the Asset’s total net operating income.
|Tenure Type||Sale / Purchase|
|Property Address||727-729 Kansas Ave, Atchison, KS 66002-2436|
|Building Size||12,988 ft2|
|Tenant's Name||DOLLAR GENERAL Corporation|
|Lease Expiration Date||07/31/2022|
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