Discount
2022 Dollar General Conversion | New 10-Year Lease | Strong Traffic Counts | Capital City
713 Madison St, Jefferson City, MO 65101
Listing Price: $1,368,836
Cap Rate
6.10%
Tenant Name
Dollar General
Years Remaining On Lease
9.7
Guarantor
Corporate Guarantee
Rentable SF
10,400
Lease Type
Double Net
Rent Per Square Feet
$8.17
Investment Overview
Marcus & Millichap is pleased to bring to market the Dollar General located in Jefferson City, MO.
2022 Dollar General Conversion | New 10-Year Lease | Strong Traffic Counts | Capital City
Investment Highlights
- New 10-Year Corporately Guaranteed NN Lease | Former Family Dollar Location was Renovated in 2022 for Dollar General
- Limited Landlord Responsibilities | Landlord is Only Responsible for Capital Expenses (Roof & Exterior Structure)
- Rent Increases in Each Option | Five, Five Year Renewal Options with 10% Increases In Each Option
- Located Along Madison Street Seeing 16,600+ VPD Near a Dense Residential Corridor Near Downtown Jefferson City
- Situated Just off of US-63 Seeing 29,800+ VPD and US-54 Seeing 33,000+ VPD
- Strong Demographics: Average Household Income of $70k+ Within 3-Miles | Population is Expected to Increase by 2026
Discount
2022 Dollar General Conversion | New 10-Year Lease | Strong Traffic Counts | Capital City
Listing Price: $1,368,836
Cap Rate
6.10%
Tenant Name
Dollar General
Years Remaining On Lease
9.7
Guarantor
Corporate Guarantee
Rentable SF
10,400
Lease Type
Double Net
Rent Per Square Feet
$8.17
Investment Highlights
- New 10-Year Corporately Guaranteed NN Lease | Former Family Dollar Location was Renovated in 2022 for Dollar General
- Limited Landlord Responsibilities | Landlord is Only Responsible for Capital Expenses (Roof & Exterior Structure)
- Rent Increases in Each Option | Five, Five Year Renewal Options with 10% Increases In Each Option
- Located Along Madison Street Seeing 16,600+ VPD Near a Dense Residential Corridor Near Downtown Jefferson City
- Situated Just off of US-63 Seeing 29,800+ VPD and US-54 Seeing 33,000+ VPD
- Strong Demographics: Average Household Income of $70k+ Within 3-Miles | Population is Expected to Increase by 2026
Investment Overview
Marcus & Millichap is pleased to bring to market the Dollar General located in Jefferson City, MO.
