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Dollar General (Kansas City MSA)

220 N Madison St, Raymore, MO 64083

Listing Price: $586,000

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
2.3
Gross SF
8,000
Guarantor
Corporate Guarantee
Rentable SF
8,000
Price/Gross SF
$73.25
Lease Type
Double Net
Rent Per Square Feet
$5.12

Investment Overview

Offered for sale is the opportunity to acquire a double net lease net Dollar General in Raymore, Missouri. The property consists of a 8,000-square-foot, freestanding building that sits on 0.96 acres of land. There are approximately 2.4 years remaining on the current lease term, with a 10 percent rental escalation scheduled in the next option, as well as each option thereafter.

Investment Highlights

  • Double Net Lease with 2.4 Years Remaining
  • Fast-Growing Suburb in the Kansas City MSA – Raymore's Population Increased 103% Since 2000
  • Excellent Access and Visibility on North Madison Street, Where Traffic Counts Exceed 15,990 Vehicles per Day
  • 24-Year Operating History
  • Minimal Landlord Responsibility
  • Recent Renovation - Entire Parking Lot was Repaved at a Cost of $36,000
  • More than 69,665 Residents (5-Mile Radius) and an Average Household Income of $102,830 (1-Mile Radius)
  • Raymore is Part of the Booming Cass County, Which has a Median Household Income of $76,924

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Financing By

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Dollar General (Kansas City MSA)

Listing Price: $586,000

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
2.3
Gross SF
8,000
Guarantor
Corporate Guarantee
Rentable SF
8,000
Price/Gross SF
$73.25
Lease Type
Double Net
Rent Per Square Feet
$5.12

Investment Highlights

  • Double Net Lease with 2.4 Years Remaining
  • Fast-Growing Suburb in the Kansas City MSA – Raymore's Population Increased 103% Since 2000
  • Excellent Access and Visibility on North Madison Street, Where Traffic Counts Exceed 15,990 Vehicles per Day
  • 24-Year Operating History
  • Minimal Landlord Responsibility
  • Recent Renovation - Entire Parking Lot was Repaved at a Cost of $36,000
  • More than 69,665 Residents (5-Mile Radius) and an Average Household Income of $102,830 (1-Mile Radius)
  • Raymore is Part of the Booming Cass County, Which has a Median Household Income of $76,924

Investment Overview

Offered for sale is the opportunity to acquire a double net lease net Dollar General in Raymore, Missouri. The property consists of a 8,000-square-foot, freestanding building that sits on 0.96 acres of land. There are approximately 2.4 years remaining on the current lease term, with a 10 percent rental escalation scheduled in the next option, as well as each option thereafter.

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

Financing By

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