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Dollar General Market | New 15-Yr. NNN with 5% Increases

State Hwy. EE & MO-77, Chaffee, MO 63740

Listing Price: $2,055,000

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Gross SF
12,668
Guarantor
Corporate Guarantee
Rentable SF
12,668
Price/Gross SF
$162.22
Lease Type
Absolute Net
Rent Per Square Feet
$11.36

Investment Overview

Marcus & Millichap is pleased to present the Dollar General Market in Chaffee, Missouri.

Investment Highlights

  • 15-Year Absolute NNN Lease, No Landlord Responsibilities
  • Rare 5% Increases Every 5 Years Throughout Base Term and Option Periods
  • Relocation of High-Performing Store Nearby, Proven Concept in Trade Area
  • Upgraded Market Store, Larger Format with Expanded Produce/Grocery Items
  • Investment Grade (Rated 'BBB' by S&P), Largest Retailer in U.S. with 19,700+ Stores
  • Brand New Construction on an Oversized Parcel
  • Serving Over 37,000 Residents in Scott County, 16 Miles South of Cape Girardeau
  • Strategic Location, Closest Dollar General Market Store is Over 15 Miles Away

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Financing By

Discount

Dollar General Market | New 15-Yr. NNN with 5% Increases

Listing Price: $2,055,000

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Gross SF
12,668
Guarantor
Corporate Guarantee
Rentable SF
12,668
Price/Gross SF
$162.22
Lease Type
Absolute Net
Rent Per Square Feet
$11.36

Investment Highlights

  • 15-Year Absolute NNN Lease, No Landlord Responsibilities
  • Rare 5% Increases Every 5 Years Throughout Base Term and Option Periods
  • Relocation of High-Performing Store Nearby, Proven Concept in Trade Area
  • Upgraded Market Store, Larger Format with Expanded Produce/Grocery Items
  • Investment Grade (Rated 'BBB' by S&P), Largest Retailer in U.S. with 19,700+ Stores
  • Brand New Construction on an Oversized Parcel
  • Serving Over 37,000 Residents in Scott County, 16 Miles South of Cape Girardeau
  • Strategic Location, Closest Dollar General Market Store is Over 15 Miles Away

Investment Overview

Marcus & Millichap is pleased to present the Dollar General Market in Chaffee, Missouri.

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

Financing By

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