606 Vine Street

Hays, KS 67601

Listing ID: 259451

$1,708,000

For Sale

Property Type Retail for Sale : Free Standing Building
Lot Size Acres 0.980
Building Sq Ft 9,026
Building Price per Sq Ft $189.23
Land Sq Ft 42,688
Land Price per Sq Ft $40.01

606 Vine Street | for Sale | Thumbnail 2

Description

An Absolute NNN Dollar General in Hays, KS.
The property is a new construction store and features a 15-year primary lease term with four, 5-year options to extend at increased rents (10% every 5 years during option terms). The lease is backed by a corporate guaranty from Dollar General, #91 on the Fortune 500 list of companies. Additionally, the absolute NNN lease benefits from zero Landlord expense obligations, providing an investor with a “hands-off” investment.
Dollar General generated $33.75 billion in 2020 fiscal year sales and net income of $2.66 billion. Dollar General currently operates over 16,000 stores in 46 states, making it the country’s largest small-box discount retailer. The company has an S&P rating of BBB, which has been raised five times since 2009, and is a better credit rating than its main competitors.

Attachments & Files

dollar-general-haysks-QcW-jER.pdf

Listing Demographics for 606 Vine Street Hays, KS 67601

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		3,180	18,496	21,922
Population Median Age		36	37	36
Population by Age	0-9 Yrs	330 (10%)	1994 (10%)	2631 (12%)
	10-19 Yrs	248 (7%)	2626 (14%)	3026 (13%)
	20-29 Yrs	949 (29%)	4420 (23%)	5025 (22%)
	30-39 Yrs	493 (15%)	2192 (11%)	2670 (12%)
	40-49 Yrs	266 (8%)	1588 (8%)	1986 (9%)
	50-59 Yrs	254 (7%)	1664 (8%)	1962 (8%)
	60-69 Yrs	407 (12%)	2143 (11%)	2577 (11%)
	70+ Yrs	234 (7%)	1868 (10%)	2045 (9%)

Median HH Income		$41,111	$47,803	$49,970
Total Household Income	< 24K	412 (29%)	2146 (28%)	2360 (26%)
	25-49K	393 (27%)	1730 (23%)	2017 (23%)
	50-74K	299 (21%)	1236 (16%)	1490 (17%)
	75-99K	156 (11%)	972 (12%)	1078 (12%)
	100-199K	151 (10%)	1185 (15%)	1517 (17%)
	200K+	1 (0%)	227 (3%)	289 (3%)

Highest Education Level	No Diploma	160	715	842
	Diploma or GED	336	2598	3178
	Some College	492	2097	2583
	Assoc. Degree	234	1118	1250
	Bachelors Degree	445	2811	3176
	Higher Degree	220	1479	1870

Total Housing Units		1,749	8,758	10,141
--Owner-Occupied		620	4,083	4,880
--Renter-Occupied		793	3,412	3,871
Owner-Occupied Values	< 100K	180	669	791
	100-199K	384	2056	2283
	200-299K	50	1077	1334
	300-399K	2	193	298
	400-499K	0	24	58
	500K+	3	65	116

Total Working Age Population		2,693	15,265	17,782
In Work Force		2,178	10,917	12,809
Not In Work Force		514	4,347	4,973
Workforce Employed		2,112	10,513	12,383
Workforce Unemployed		66	404	426
Civlian Workforce		2,178	10,917	12,809
Military Workforce		0	0	0

Total Households		1,413	7,495	8,751
Family Households		690	3,863	4,722
Non-Family Households		723	3,633	4,029
Married Couple		478	2,948	3,651
Other Family		212	915	1,071
Married w/Child		144	1,070	1,328
Single Male w/Child		16	76	97
Single Female w/Child		119	409	507

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Kansas	2,688,418	+6	2,853,118	+5	2,988,194	+5	3,140,008
Ellis County	27,507	+3	28,452	+5	29,894	+6	31,730

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views

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