10020 NW US Highway 24 - Retail FOR SALE
Silver Lake, KS 66539 |
$1,916,545 USD
214-692-2289
10020 NW US Highway 24
Silver Lake, KS 66539
HIGHLIGHTS
- 2024 Remodel: The subject property was retrofitted for a Dollar General Market store in 2024. The remodel included a brand new roof
- Dollar General Market: Dollar General Market stores are DG’s grocery concept and confirm that they are projecting a large sales volume at the location
- Rental Increases: The lease features attractive 10% increases every 5-years for the life of the lease (Base term + Options)
- Long-Term Lease: 10-year initial lease term with Four, 5-Year Extension Options, ensuring long-term income potential.
- Prime Highway Location: Located at 10020 NW US 24, Silver Lake, KS, along U.S. Highway 24, providing high visibility and daily traffic flow.
- Large Lot & Building Size: 1.38-acre lot (60,000 sq. ft.) with a spacious 11,680 sq. ft. building.
FOR SALE DETAILS
PRICE
$1,916,545 USD
PRICE/SF
$159 USD /SF
CAP RATE
7.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
DOLLAR GENERAL MARKET
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
32
LAND DETAILS
LAND ACRES
1.35 AC
LAND SF
58,806 SF
ZONING
C2
APN/PARCEL ID
085-16-0-10-11-006-000
ASK ABOUT THIS PROPERTY
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214-692-2289
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214-692-2289
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