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Dollar General

1601 Commerce Ave, Saint Joseph, MO 64505

Listing Price: $1,277,443

Cap Rate
6.10%
Tenant Name
Dollar General
Years Remaining On Lease
9.8
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.56

Investment Overview

Marcus & Millichap is pleased to present to market the 2017 construction Dollar General located at 1601 Commerce Avenue in St. Joseph, Missouri. The

Investment Highlights

  • 2017 Construction Dollar General on a Triple Net Lease With Nearly 10 Years of Base Term Remaining, Four Five-Year Options and 10 Percent Rent Increases at Each Option
  • Five-Mile Population of Nearly 59,000
  • Located Near Interstates 229 and 29
  • Proximate to a Major Shopping Center Where Tenants Include Walmart, Target, Chick-Fil-A, Sam's Club, Home Depot, Petco, TJ Maxx, Holiday Inn Express, and More
  • Saint Joseph is Home to Missouri Western State University

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Financing By

Listing Price: $1,277,443

Cap Rate
6.10%
Tenant Name
Dollar General
Years Remaining On Lease
9.8
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.56

Investment Highlights

  • 2017 Construction Dollar General on a Triple Net Lease With Nearly 10 Years of Base Term Remaining, Four Five-Year Options and 10 Percent Rent Increases at Each Option
  • Five-Mile Population of Nearly 59,000
  • Located Near Interstates 229 and 29
  • Proximate to a Major Shopping Center Where Tenants Include Walmart, Target, Chick-Fil-A, Sam's Club, Home Depot, Petco, TJ Maxx, Holiday Inn Express, and More
  • Saint Joseph is Home to Missouri Western State University

Investment Overview

Marcus & Millichap is pleased to present to market the 2017 construction Dollar General located at 1601 Commerce Avenue in St. Joseph, Missouri. The

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

Financing By

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