Retail Space - For Sale
606 Vine Street Hays, KS 67601
Details & Description
Price: $1,708,000
  • 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
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.
Listing Agents
John Andreini
Capital Pacific
O: 415-274-2715
jandreini@capitalpacific.com
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.

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 Hays, KS 67601 | for Sale | Photo 1
  • 606 Vine Street Hays, KS 67601 | for Sale | Photo 2
606 Vine Street | for Sale | Thumbnail 1
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

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 Population3,18018,49621,922
Population Median Age363736
Population by Age0-9 Yrs330 (10%)1994 (10%)2631 (12%)
10-19 Yrs248 (7%)2626 (14%)3026 (13%)
20-29 Yrs949 (29%)4420 (23%)5025 (22%)
30-39 Yrs493 (15%)2192 (11%)2670 (12%)
40-49 Yrs266 (8%)1588 (8%)1986 (9%)
50-59 Yrs254 (7%)1664 (8%)1962 (8%)
60-69 Yrs407 (12%)2143 (11%)2577 (11%)
70+ Yrs234 (7%)1868 (10%)2045 (9%)
Median HH Income$41,111$47,803$49,970
Total Household Income< 24K412 (29%)2146 (28%)2360 (26%)
25-49K393 (27%)1730 (23%)2017 (23%)
50-74K299 (21%)1236 (16%)1490 (17%)
75-99K156 (11%)972 (12%)1078 (12%)
100-199K151 (10%)1185 (15%)1517 (17%)
200K+1 (0%)227 (3%)289 (3%)
Highest Education LevelNo Diploma160715842
Diploma or GED33625983178
Some College49220972583
Assoc. Degree23411181250
Bachelors Degree44528113176
Higher Degree22014791870
Total Housing Units1,7498,75810,141
--Owner-Occupied6204,0834,880
--Renter-Occupied7933,4123,871
Owner-Occupied Values< 100K180669791
100-199K38420562283
200-299K5010771334
300-399K2193298
400-499K02458
500K+365116
Total Working Age Population2,69315,26517,782
In Work Force2,17810,91712,809
Not In Work Force5144,3474,973
Workforce Employed2,11210,51312,383
Workforce Unemployed66404426
Civlian Workforce2,17810,91712,809
Military Workforce000
Total Households1,4137,4958,751
Family Households6903,8634,722
Non-Family Households7233,6334,029
Married Couple4782,9483,651
Other Family2129151,071
Married w/Child1441,0701,328
Single Male w/Child167697
Single Female w/Child119409507

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Kansas2,688,418+62,853,118+52,988,194+53,140,008
Ellis County27,507+328,452+529,894+631,730

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

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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100 Dakota Drive, Solomon, KS $1,359,060 7489 -
133 A Avenue East, Kingman, KS $600,000 11856 0.26
2101 North Buckeye Avenue, Abilene, KS $537,520 15000 1.5
206 Norris Avenue, McCook, NE $751,640 7000 -
300 South Iliff Street, Medicine Lodge, KS CALL 50 -
1823 North Main Street, Newton, KS $300,000 1938 1.02
Closest Commercial Airports
Airport Distance (mi)
Wichita Eisenhower National Airport (ICT) 132
Eppley Airfield (OMA) 247
Kansas City International Airport (MCI) 249
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