Investment Overview

Marcus and Millichap is pleased to exclusively offer for sale the Dollar General located at 712 North Main Street, Southwest City, Missouri. This investment is being offered at $567,000 which represents an 8.91% cap rate. The subject property is an 8,125 rentable square-foot store, constructed as a build-to-suit for Dollar General in 2004. There are currently 5.70 years remaining on the lease which expires on January 31, 2031. Accompanied are two, five-year options, each with rental increases every five years. Under the double net lease structure, landlord is responsible for roof, structure, parking lot and major repairs exceeding $1,000 per occurrence. Dollar General provides a monthly sole contribution towards common area maintenance, in addition to fully reimbursing for taxes and insurance. The site is strategically located north of the main retail corridor, which sees over 3,000 vehicles per day. It offers strong visibility and serves as the northern gateway into and out of town. Southwest City is situated in the southwestern corner of Missouri, near the borders of Oklahoma and Arkansas. With limited competition in the area, this location benefits from a direct customer base consisting of Southwest City residents and employees of Simmons Foods' protein processing facility.