REIT Sale | Former Family Dollar & Dollar Tree | 2022 Built | Kansas City MSA

Highlights:

• 10,640 SF Freestanding Value-Add Retail on 1.04 Acres Available at Substantial Discount Below Replacement Cost
• Built in 2022; Former Family Dollar & Dollar Tree Combo Store with Open Floor, Rear Storage Room, and Side Door for Deliveries
• Surrounding Traffic Generators: Dollar General, Sherwood Community Bank, Casey’s, Cass Regional Medical Center, USPS, and more
• Strategic Dual Highway Frontage and Visibility on State Route F and Old Hwy 7 | 0.5-mi from Hwy 7 with over 10K VPD
• Zoned CB, Controlled Business District with a Variety of Commercial Uses
• Absolute $1 Auction – NO RESERVE!

Description:

Ri Marketplace Online Auction October 27th-29th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2747/reit-sale-former-family-dollar-dollar-tree-2022-built-kansas-city-msa?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2747

Marcus & Millichap and RI Marketplace are pleased to present a vacant, free-standing retail building located at 71 S State Route F in Garden City, Missouri 64747 (the “Property”). Formerly occupied by Family Dollar-Dollar Tree, the Property is being offered significantly below replacement cost, creating an excellent opportunity for owner-users or investors to acquire a highly visible, strategically positioned asset at a compelling basis. FIRST BID MEETS RESERVE!

Built in 2022, the Property consists of a ±10,640-square-foot, single-story free-standing retail building situated on ±45,398 square feet (±1.04 acres) with 34 surface parking spaces. The site offers two points of ingress/egress, ±55 feet of frontage along Old MO State Hwy 7, and ±292 feet of visibility along MO State Route F, which sees ±1,132 vehicles per day (VPD). Previously operated as a dual-store format, the Property was leased to Family Dollar-Dollar Tree on a triple-net (NNN) basis. The Property presents a value-add opportunity through lease-up at long-term market rates, with CoStar estimating rents of $14–$16/SF NNN. Zoned CB (Controlled Business District), the Property accommodates a wide range of commercial uses, enhancing its appeal to both a diverse variety of end-users and investors alike.

The Property is located within the Kansas City MSA in Cass County, positioned in Garden City’s primary commercial corridor. Benefiting from excellent visibility and connectivity via MO State Route F, Old MO State Hwy 7, and nearby U.S. Hwy 7 (less than ±0.5 miles from the site with over 10,000 vehicles per day), the location serves as a key thoroughfare linking Garden City to the greater Kansas City metropolitan area less than one hour away. This regional connectivity not only supports strong commuter traffic but also enhances access for retail, service, and distribution users seeking an affordable foothold within the Kansas City metro area. The site is situated less than ±1 mile south of Downtown Garden City, offering convenient access to local businesses, schools, and established residential neighborhoods. Surrounding retailers include Dollar General, Casey’s General Store, and Phillips 66, along with local restaurants, service providers, and civic institutions that generate consistent daily traffic. The Property is further supported by Garden City Elementary School, area churches, and nearby agricultural businesses, which collectively provide steady daytime demand and a balanced consumer base. With over 11,700 residents and an average household income of ±$104,562 within a 10-mile radius, the area sustains reliable demand for retail, restaurant, and professional service users. Cass County has experienced steady growth due to its attractive combination of small-town affordability and metro accessibility, drawing new residents and businesses that value both lifestyle and convenience. The Property’s accessibility, visibility, and location within Garden City’s commercial corridor make it a compelling opportunity for owner-users and investors alike, offering long-term upside at a competitive basis.


Gary D. Ryther
c/o Fisher Auction Company Inc.
License: 199018502
The platform fee for this transaction is the greater of 5.00% or a minimum of $20,000.

Documents: