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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.

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

Exclusively Listed By

  • Colby Haugness

    First Vice President Investments

    (813) 387-4811

    Email Colby

    License(s): WA: 24012, OH: BRKP.2017005012, KY: 242197, MO: 2018032367, KS: 00241410, FL: BK3530505

    Tampa

  • Darpan Patel

    First Vice President Investments

    (813) 387-4812

    Email Darpan

    License(s): OH: SAL 2012000748

    Tampa

  • Dan Yozwiak

    First Vice President Investments

    (614) 360-9036

    Email Dan

    License(s): OH: SAL.2008003600

    Columbus

Broker of Record

  • David Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Financing By

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.

Exclusively Listed By

  • Colby Haugness

    First Vice President Investments

    (813) 387-4811

    Email Colby

    License(s): WA: 24012, OH: BRKP.2017005012, KY: 242197, MO: 2018032367, KS: 00241410, FL: BK3530505

    Tampa

  • Darpan Patel

    First Vice President Investments

    (813) 387-4812

    Email Darpan

    License(s): OH: SAL 2012000748

    Tampa

  • Dan Yozwiak

    First Vice President Investments

    (614) 360-9036

    Email Dan

    License(s): OH: SAL.2008003600

    Columbus

Broker of Record

  • David Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

Financing By

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