Discount
Dollar General Market | Triple Net Lease | 10+ Years Remaining | Kansas City, MO MSA
2106 SW State Rte 7, Pleasant Hill, MO 64080
Listing Price: $1,700,000
Cap Rate
6.56%
Tenant Name
Dollar General
Years Remaining On Lease
11.8
Guarantor
Corporate Guarantee
Rentable SF
12,668
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.80
Investment Overview
Marcus & Millichap is pleased to present the offering for a Dollar General Market in Pleasant Hill, Missouri.
Dollar General Market | Triple Net Lease | 10+ Years Remaining | Kansas City, MO MSA
Investment Highlights
- SINGLE TENANT DG MARKET LOCATION: 12,668-Square Foot on a Large Two Acre Lot with 50 Parking Spaces. DG Market Stores Have a Larger Footprint Than Typical Dollar General Locations With Expanded Offe
- TRIPLE NET LEASE: 2023 Construction With Over 11 Years Remaining on the Original Triple-Net Lease. No Landlord Responsibilities.
- CORPORATE GUARANTEE: Lease is Guaranteed by Dollar General, With Over 20,000 Locations Across 48 States.
- FEE SIMPLE OWNERSHIP: Provides the Buyer With the Highest Form of Real Estate Ownership and Absolute Control Over the Asset.
- HIGH VISIBILITY LOCATION: Located Along State Route 7 With Fully Lit Parking Lot and Lighted Pylon Sign. Easy Access From Both Traffic Directions and Pedestrian Access. State Route 7 Sees 8,300 Vehicles Per Day (VPD).
- GROWING RETAIL & RESIDENTIAL CORRIDOR: Adjacent to National Retailers Such as O'Reilly Auto Parts, Price Chopper, Taco Bell, Phillips 66 Gas, Anytime Fitness, Casey's and More. Proximity to Multiple Housing Developments Surrounded by Undeveloped Commercial Land.
- PROXIMITY TO KANSAS CITY METRO AREA: Pleasant Hill is 30 miles Southeast of Kansas City and Part of the Kansas City Metropolitan Area. Its 14 Counties Straddle the Border Between Missouri and Kansas. Kansas City is the Second Largest Metropolitan Area in Missouri and is the Largest in Kansas With a Population of Over 2.2 Million.
- STABLE DEMOGRAPHICS: The Population Exceeds 16,250 Within Five Miles and is Projected to Grow by 2030. Average Household Incomes of $119,600 Within One Mile.
Exclusively Listed By
Broker of Record
Discount
Dollar General Market | Triple Net Lease | 10+ Years Remaining | Kansas City, MO MSA
Listing Price: $1,700,000
Cap Rate
6.56%
Tenant Name
Dollar General
Years Remaining On Lease
11.8
Guarantor
Corporate Guarantee
Rentable SF
12,668
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.80
Investment Highlights
- SINGLE TENANT DG MARKET LOCATION: 12,668-Square Foot on a Large Two Acre Lot with 50 Parking Spaces. DG Market Stores Have a Larger Footprint Than Typical Dollar General Locations With Expanded Offe
- TRIPLE NET LEASE: 2023 Construction With Over 11 Years Remaining on the Original Triple-Net Lease. No Landlord Responsibilities.
- CORPORATE GUARANTEE: Lease is Guaranteed by Dollar General, With Over 20,000 Locations Across 48 States.
- FEE SIMPLE OWNERSHIP: Provides the Buyer With the Highest Form of Real Estate Ownership and Absolute Control Over the Asset.
- HIGH VISIBILITY LOCATION: Located Along State Route 7 With Fully Lit Parking Lot and Lighted Pylon Sign. Easy Access From Both Traffic Directions and Pedestrian Access. State Route 7 Sees 8,300 Vehicles Per Day (VPD).
- GROWING RETAIL & RESIDENTIAL CORRIDOR: Adjacent to National Retailers Such as O'Reilly Auto Parts, Price Chopper, Taco Bell, Phillips 66 Gas, Anytime Fitness, Casey's and More. Proximity to Multiple Housing Developments Surrounded by Undeveloped Commercial Land.
- PROXIMITY TO KANSAS CITY METRO AREA: Pleasant Hill is 30 miles Southeast of Kansas City and Part of the Kansas City Metropolitan Area. Its 14 Counties Straddle the Border Between Missouri and Kansas. Kansas City is the Second Largest Metropolitan Area in Missouri and is the Largest in Kansas With a Population of Over 2.2 Million.
- STABLE DEMOGRAPHICS: The Population Exceeds 16,250 Within Five Miles and is Projected to Grow by 2030. Average Household Incomes of $119,600 Within One Mile.
Investment Overview
Marcus & Millichap is pleased to present the offering for a Dollar General Market in Pleasant Hill, Missouri.
Exclusively Listed By
Broker of Record
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