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Dollar General 4235 Troost Ave 9,002 sq ft Retail Property Kansas City, MO 64110 £1,101,232 (£122.33/sq ft) 7.90% Net Initial Yield



INVESTMENT HIGHLIGHTS
- The 2014 build-to-suit Dollar General has just under four years of base lease term with four, 5-year options thereafter
- Absolute NNN lease structure features zero Landlord expense obligations, providing an investor with a truly “hands-off” investment
- Located directly on Troost Ave., the site is nearby national retailers that include Taco Bell, Costco, Home Depot, Whole Foods and others
- The lease is backed by a corporate guarantee from Dollar General –#108 on the Fortune 500 list of companies
- Average household incomes of over $96,000 in a 3-mile radius
- Dollar General generated $40.6 billion in 2024 fiscal year sales and a net income of $1.1 billion
EXECUTIVE SUMMARY
Well-located absolute NNN Dollar General in one of the Midwest’s strongest markets. The Kansas City metro is home to 2.2 million residents and four professional sports teams. The tenant is the country’s largest small-box discount retailer with over 20,500 stores nationwide.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Standalone
Property Size
9,002 sq ft
Costar Property Class
B
Year Built
2014
Price
£1,101,232
Price per sq ft
£122.33
Yield
7.90%
NOI
£86,996
Tenancy
Single
Number of Floors
1
Plot ratio
0.21
Total Plot Size
0.97 ac
Opportunity Zone
Yes
Parking
30 Spaces (3.33 Spaces per 1,000 sq ft Leased)
Frontage
165 ft on Troost Avenue
Walk Score®
Easily Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 30-130-25-26-00-0-00-000 | Improvements Assessment | £167,417 |
| Land Assessment | £42,264 | Total Assessment | £209,681 |
PROPERTY TAXES
Parcel Number
30-130-25-26-00-0-00-000
Land Assessment
£42,264
Improvements Assessment
£167,417
Total Assessment
£209,681
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Dollar General | 4235 Troost Ave
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