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Family Dollar - Spring Hill, Ks

$1,786,000

721 South Webster Street, Spring Hill, KS 66083

Active
Last Updated: 03/06/2026

7.25

Cap Rate

129,465

NOI

Details:
Cap Rate:    7.25%
NOI:    $129,465
Building Size:    10,500 sqft
Lot Area:    1.3 acres
Occupancy:    100%
Lease Type:    Double Net
Year Built:    2023
Zoning:    C
Tenancy:    Single
Gross Leaseable Area:    10,500
Lease Expire Year:    July 31, 2033
Highlights:
  • • CORPORATE GURANTEED LEASE: 7 years remaining on Corporately Guaranteed NN* Lease with $0.50 PSF Rental Escalations every 5 years in Renewal Options
  • • CORPORATE TENANT: Family Dollar Stores operates 7,145 stores in the U.S.
  • • LARGE PARCEL | TRAFFIC COUNTS: Positioned on a large ±1.30-acre lot with great visibility/access on S Webster St., where traffic counts exceed 5,233 CPD - 1/2 mile east of US-169 (19,522 CPD)
  • • 2025 AFFLUENT DEMOGRAPHICS (5-MI): Total Population: 14,557 | Average Household Income: $133,972
Description:

Family Dollar 7 years remaining on Corporately Guaranteed NN* Lease with $0.50 PSF Rental Escalations every 5 years in Renewal Options. Family Dollar Stores operates 7,145 stores in the U.S.
The Asset is Positioned on a large ±1.30-acre lot with great visibility/access on S Webster St., where traffic counts exceed 5,233 CPD - 1/2 mile east of US-169 (19,522 CPD). Nearby Retailers include Hobby Lobby, Walmart, Dollar General, Napa Auto Parts, Price Chopper, The Home Depot, target, Aldi, General Mills, GM, Nebraska, Furniture Mart, Best Western plus, Motel 6, Valvoline, Garmin, Dillard’s, Sutherlands, CVS, Hy-Vee, Walgreens, CareNow Urgent Care, FedEx Office, JC Penney, Amazon, Geico, Embassy Suites, Holiday Inn Express, Sports Clips, Scooters Coffee, Starbucks, Dutch Bros Coffee, Costco Wholesale, Radisson Hotel, TJ Maxx, Homegoods, David’s Bridal, Sam’s Club, DSW, Mattress Firm, The UPS Store, Meineke, Northern Tool + Equipment, Nordstrom Rack, Chase, Staples, Shoe Carnival, Petco, Macy’s, Best Buy, ROSS, Bath & Body Works, and Academy Sports + Outdoors. Family Dollar is 38 miles from the University of Kansas – a public research university with its main campus in Lawrence, Kansas. Enrollment at Lawrence and Edwards campuses was 23,958 students, and employs 4,776 faculty members; 29 miles from University of Missouri-Kansas City – public research university in Missouri with enrollment exceeding 16,00 students; 30 miles from Saint Luke’s Hospital of Kansas City – the largest faith-based hospital in the region – offering many specialized programs and 629 beds.

Map:
Documents:
Title
familydollar.springhill_PKG.pdf
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Location
Gallery