- For Sale $1,191,600
- Property Type Retail - Freestanding
- Property Size 7,489 SF
- Units 1
- Lot Size 0.62 Acre
- Property Tenancy Single Tenant
- Year Built 2019
- Date Updated Aug 14, 2026
Description
The subject property, an Absolute NNN Dollar General store, is the sole general-merchandise discount retailer operating in Rawlins County.
Highlights
- Dollar General corporate guaranty backs a 15-year absolute NNN lease that commenced January 1, 2020, with nine years of primary term remaining
- Dollar General reported Q1 fiscal 2026 net sales of $10.8B (+3.4% year-over-year), comparable store sales growth of +2.0%, and raised full-year fiscal 2026 guidance to net sales growth of 3.7%4.2%
- Dollar General’s own store closure activity in fiscal 2025 targeted predominantly urban and metro locations, with rural stores representing the core of its approximately 21,000-store network
- Four renewal options provide lease runway well beyond the primary term, with rental increases at each option period
- Immediate adjacencies include Casey’s General Store and a True Value hardware store on Grant Street, concentrating daily-needs retail traffic at the subject’s block
- Positioned near the junction of U.S. Route 36 and K-25, Atwood’s primary highway intersection, with pylon signage providing direct roadway visibility
- Rawlins County Health Center, a county-owned 24-hour critical access hospital and the area’s primary employer, is located approximately two blocks from the subject on Grant Street
- The nearest former dollar-store competitor, a Family Dollar in Oberlin, KS, permanently closed April 11, 2024, approximately 29 miles east via U.S. Route 36, eliminating the only comparable in-county alternative
- Zero landlord maintenance or expense responsibilities
False
Contacts
Chris Peters
CP Partners
Location
Located at 405 Grant St, Atwood, KS 67730, this property is part of the Atwood neighborhood.
Contact Listing Broker
Chris Peters
CP Partners