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Dollar General
710 E Pennell St, Carl Junction, MO 64834
Listing Price: $1,227,421
Investment Overview
Marcus & Millichap is pleased to present our Broker’s Opinion of Value for the
Dollar General located at 710 Pennell Street in Carl Junction, Missouri. Built in
2021, this single-tenant property consists of a ±11,661 square foot building on a
±0.87-acre parcel, operating under an absolute triple-net (NNN) lease. The
property currently generates $84,750 in annual rent, which is set to increase to
$93,225 in six months.
The property benefits from strong visibility and accessibility in Carl Junction, a
growing community located just 10 minutes from Joplin and approximately 90
minutes from Branson. 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 absolute NNN lease
opportunity in a high-demand retail corridor.
Dollar General
Investment Highlights
- 10-Year NN Lease with 5.6 Years Remaining & Favorable Reimbursements
- Tenant Holds Two (2) Options to Extend the Lease, Each for a Five-Year Term
- 10 Percent Rent Bumps at Each Option Renewal
- Investment-Grade Tenant Rated 'BBB'
- Dollar General is the Nation's Largest Retailer by Store Count, Operating More Than 20,000 Locations.
Listing Price: $1,227,421
Investment Highlights
- 10-Year NN Lease with 5.6 Years Remaining & Favorable Reimbursements
- Tenant Holds Two (2) Options to Extend the Lease, Each for a Five-Year Term
- 10 Percent Rent Bumps at Each Option Renewal
- Investment-Grade Tenant Rated 'BBB'
- Dollar General is the Nation's Largest Retailer by Store Count, Operating More Than 20,000 Locations.
Investment Overview
Marcus & Millichap is pleased to present our Broker’s Opinion of Value for the Dollar General located at 710 Pennell Street in Carl Junction, Missouri. Built in 2021, this single-tenant property consists of a ±11,661 square foot building on a ±0.87-acre parcel, operating under an absolute triple-net (NNN) lease. The property currently generates $84,750 in annual rent, which is set to increase to $93,225 in six months. The property benefits from strong visibility and accessibility in Carl Junction, a growing community located just 10 minutes from Joplin and approximately 90 minutes from Branson. 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 absolute NNN lease opportunity in a high-demand retail corridor.
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