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Dollar General

605 MO-72, Fredericktown, MO 63645

Listing Price: $605,000

Cap Rate
7.17%
Tenant Name
Dollar General
Years Remaining On Lease
3.2
Gross SF
7,500
Guarantor
Corporate Guarantee
Rentable SF
7,500
Price/Gross SF
$80.67
Lease Type
Double Net
Rent Per Square Feet
$5.92

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, the Dollar General located at 605 MO-72 in Fredericktown Missouri. The lease is corporately guaranteed by Dollar General, a BBB rated publicly traded company under NYSR Ticker “DG”.

The subject property features an 8,000 sf +/- Building situated on a .82 acre lot constructed in 1996 as a build to suit for Dollar General. There are currently 3.3 years remaining on the current lease term with two (2) five (5) year renewal options at 10% increase each, creating significant upside for the Investor.

Dollar General is located in close proximity to Fredericktown Middle School and High School and services the adjoining businesses in the surrounding areas.

National retailers in Fredericktown include Walmart Supercenter, Walgreens, McDonald’s, Hardee's, Sonic, Subway, Pizza Hut, Dollar Tree, O’Reilly Auto Parts and AutoZone.

Located in Madison County, Fredericktown is situated approximately 90 miles south of St. Louis and 70 miles west of Cape Girardeau, offering strategic access to larger regional trade corridors while serving as a key retail hub for surrounding rural communities.

Investment Highlights

  • Dollar General has successfully operated at this location 29 years since opening in 1996
  • Dollar General recently extended their lease (2023) demonstrating commitment to the location
  • Double Net Lease with limited landlord responsibilities and favorable reimbursements to the Landlord
  • Dollar General is the Nation's Largest Retailer by Store Count, operating over 20,000 Locations in the US and Mexico.

Exclusively Listed By

  • Jake Nowak

    Associate Investments

    (314) 889-2565

    Email Jake

    License(s): MO: 2025007018

    St. Louis

  • David Saverin

    Senior Director Investments

    (314) 889-2555

    Email David

    License(s): MO: 2008013520, IL: 475185449, KS: 00249685, NE: 20250162

    St. Louis

Discount

Dollar General

Listing Price: $605,000

Cap Rate
7.17%
Tenant Name
Dollar General
Years Remaining On Lease
3.2
Gross SF
7,500
Guarantor
Corporate Guarantee
Rentable SF
7,500
Price/Gross SF
$80.67
Lease Type
Double Net
Rent Per Square Feet
$5.92

Investment Highlights

  • Dollar General has successfully operated at this location 29 years since opening in 1996
  • Dollar General recently extended their lease (2023) demonstrating commitment to the location
  • Double Net Lease with limited landlord responsibilities and favorable reimbursements to the Landlord
  • Dollar General is the Nation's Largest Retailer by Store Count, operating over 20,000 Locations in the US and Mexico.

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, the Dollar General located at 605 MO-72 in Fredericktown Missouri. The lease is corporately guaranteed by Dollar General, a BBB rated publicly traded company under NYSR Ticker “DG”. The subject property features an 8,000 sf +/- Building situated on a .82 acre lot constructed in 1996 as a build to suit for Dollar General. There are currently 3.3 years remaining on the current lease term with two (2) five (5) year renewal options at 10% increase each, creating significant upside for the Investor. Dollar General is located in close proximity to Fredericktown Middle School and High School and services the adjoining businesses in the surrounding areas. National retailers in Fredericktown include Walmart Supercenter, Walgreens, McDonald’s, Hardee's, Sonic, Subway, Pizza Hut, Dollar Tree, O’Reilly Auto Parts and AutoZone. Located in Madison County, Fredericktown is situated approximately 90 miles south of St. Louis and 70 miles west of Cape Girardeau, offering strategic access to larger regional trade corridors while serving as a key retail hub for surrounding rural communities.

Exclusively Listed By

  • Jake Nowak

    Associate Investments

    (314) 889-2565

    Email Jake

    License(s): MO: 2025007018

    St. Louis

  • David Saverin

    Senior Director Investments

    (314) 889-2555

    Email David

    License(s): MO: 2008013520, IL: 475185449, KS: 00249685, NE: 20250162

    St. Louis

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