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Dollar General

710 E Pennell St, Carl Junction, MO 64834

Listing Price: $1,227,421

Cap Rate
7.60%
Tenant Name
Dollar General
Years Remaining On Lease
5.1
Gross SF
11,660
Guarantor
Corporate Guarantee
Rentable SF
11,660
Price/Gross SF
$105.27
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.00

Investment Overview

Marcus & Millichap is pleased to present the Dollar General located at 710 Pennell Street in Carl Junction, Missouri. Developed in 2021, this single-tenant Dollar General property consists of a large 11,660 square foot building situated on an aproximately 0.87-acre parcel, operating under a Double Net (NN) lease with Landlord responsible for Roof & Structure. This larger store format features more refrigerators and Freezers to meet customer demands for grocery items, similar to a Dollar General Plus.

The current base rent increases 10 percent in April 2026 for an annual rent of $91,106.25 and NOI of $93,225 next year.

Placer AI ranks this Dollar General as #4 of 23 Dollar General Stores within a 15 mile radius.

The property benefits from strong visibility and accessibility in Carl Junction, a growing community located in northwestern Joplin MSA in Southwest Missouri. Positioned within a dense and established retail trade area, this Dollar General is well-situated to serve the surrounding population and
capitalize on consistent consumer demand.

Southwestern Missouri continues to experience steady population and economic growth, supported by a diverse employment base and expanding infrastructure. This location provides investors with a stable, long-term NN lease opportunity in a high-demand retail corridor.

Investment Highlights

  • 10-Year NN Lease with 5.3 Years Remaining on Base Term with Minimal Landlord responsibilities
  • 10 Percent Rent Increases April 2026
  • Ranked #4 of 23 Dollar General stores within 15 mile Radius per Placer AI
  • Tenant Holds Two (2) Five (5) Year Renewal Options with 10 Percent Rent Bumps at Each Renewal
  • Dollar General is the Nation's Largest Retailer by Store Count, Operating More Than 20,000 Locations.
  • Dollar General is Investment-Grade Tenant Rated 'BBB' by S&P

Exclusively Listed By

  • Jake Nowak

    Associate Investments

    (314) 889-2565

    Email Jake

    License(s): MO: 2025007018, IL: 475.216742

    St. Louis

  • David Saverin

    Senior Director Investments

    (314) 889-2555

    Email David

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

    St. Louis

Financing By

Listing Price: $1,227,421

Cap Rate
7.60%
Tenant Name
Dollar General
Years Remaining On Lease
5.1
Gross SF
11,660
Guarantor
Corporate Guarantee
Rentable SF
11,660
Price/Gross SF
$105.27
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.00

Investment Highlights

  • 10-Year NN Lease with 5.3 Years Remaining on Base Term with Minimal Landlord responsibilities
  • 10 Percent Rent Increases April 2026
  • Ranked #4 of 23 Dollar General stores within 15 mile Radius per Placer AI
  • Tenant Holds Two (2) Five (5) Year Renewal Options with 10 Percent Rent Bumps at Each Renewal
  • Dollar General is the Nation's Largest Retailer by Store Count, Operating More Than 20,000 Locations.
  • Dollar General is Investment-Grade Tenant Rated 'BBB' by S&P

Investment Overview

Marcus & Millichap is pleased to present the Dollar General located at 710 Pennell Street in Carl Junction, Missouri. Developed in 2021, this single-tenant Dollar General property consists of a large 11,660 square foot building situated on an aproximately 0.87-acre parcel, operating under a Double Net (NN) lease with Landlord responsible for Roof & Structure. This larger store format features more refrigerators and Freezers to meet customer demands for grocery items, similar to a Dollar General Plus. The current base rent increases 10 percent in April 2026 for an annual rent of $91,106.25 and NOI of $93,225 next year. Placer AI ranks this Dollar General as #4 of 23 Dollar General Stores within a 15 mile radius. The property benefits from strong visibility and accessibility in Carl Junction, a growing community located in northwestern Joplin MSA in Southwest Missouri. Positioned within a dense and established retail trade area, this Dollar General is well-situated to serve the surrounding population and capitalize on consistent consumer demand. Southwestern Missouri continues to experience steady population and economic growth, supported by a diverse employment base and expanding infrastructure. This location provides investors with a stable, long-term NN lease opportunity in a high-demand retail corridor.

Exclusively Listed By

  • Jake Nowak

    Associate Investments

    (314) 889-2565

    Email Jake

    License(s): MO: 2025007018, IL: 475.216742

    St. Louis

  • David Saverin

    Senior Director Investments

    (314) 889-2555

    Email David

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

    St. Louis

Financing By

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