Discount
Dollar General
103 N 25th St, Bethany, MO 64424
Listing Price: $1,068,440
Investment Overview
Marcus and Millichap is pleased to exclusively offer for sale the Dollar General located on 103 N 25thStreet, Bethany, Missouri. This investment is being offered at $1,068,440 which represents a 7.90% cap rate.
The subject property is a 9,002 square-foot store build-to-suit in 2016. There are currently 6.5-years remaining on the lease which expires on February 28th, 2031. Accompanied are five, five-year options, each with 10% rental increases. This triple net lease structure calls for tenant responsibilities of taxes, insurance, common area maintenance, roof, and structure. There are no landlord responsibilities.
This site is located in the heart of Bethany, Missouri, .5 miles east of Bethany Chamber of Commerce, Harrison County Courthouse, Harrison County Sheriff, Bethany Public Library, and Bethany City Hall. The 5-mile population is over 3,500 residents. Retail corridors with national tenants such as Walmart, Dollar Tree, O'Reilly Auto Parts, Hy-Vee, Pizza Hut, Taco Bell, McDonald's, Sonic, Dairy Queen and Tractor Supply Co. are located to the east. Located in the north-west part of Missouri, the subject property is 90 miles north of Kansas City, Missouri. This location serves the population in a 10-mile radius as the closest Dollar General is 17 miles west, in Albany, Missouri.
Dollar General
Investment Highlights
- Triple Net Lease with 6.5-Years Remaining Situated on a hard corner of a 4-way intersection – Sees over 17,000 VPD
- Positioned on a .97-Acre Lot Average Household Income Over $48,000 in 1-Mile Radius
- Harrison County Community Hospital less than 1-mile away Over 1,500 Households in 5-Mile Radius 1-Mile off US-35 which sees over 12,000 VPD
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $1,068,440
Investment Highlights
- Triple Net Lease with 6.5-Years Remaining Situated on a hard corner of a 4-way intersection – Sees over 17,000 VPD
- Positioned on a .97-Acre Lot Average Household Income Over $48,000 in 1-Mile Radius
- Harrison County Community Hospital less than 1-mile away Over 1,500 Households in 5-Mile Radius 1-Mile off US-35 which sees over 12,000 VPD
Investment Overview
Marcus and Millichap is pleased to exclusively offer for sale the Dollar General located on 103 N 25thStreet, Bethany, Missouri. This investment is being offered at $1,068,440 which represents a 7.90% cap rate. The subject property is a 9,002 square-foot store build-to-suit in 2016. There are currently 6.5-years remaining on the lease which expires on February 28th, 2031. Accompanied are five, five-year options, each with 10% rental increases. This triple net lease structure calls for tenant responsibilities of taxes, insurance, common area maintenance, roof, and structure. There are no landlord responsibilities. This site is located in the heart of Bethany, Missouri, .5 miles east of Bethany Chamber of Commerce, Harrison County Courthouse, Harrison County Sheriff, Bethany Public Library, and Bethany City Hall. The 5-mile population is over 3,500 residents. Retail corridors with national tenants such as Walmart, Dollar Tree, O'Reilly Auto Parts, Hy-Vee, Pizza Hut, Taco Bell, McDonald's, Sonic, Dairy Queen and Tractor Supply Co. are located to the east. Located in the north-west part of Missouri, the subject property is 90 miles north of Kansas City, Missouri. This location serves the population in a 10-mile radius as the closest Dollar General is 17 miles west, in Albany, Missouri.
Exclusively Listed By
Broker of Record
Financing By
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