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Dollar General | First Cash Pawn

7751 N Lindbergh Blvd, Hazelwood, MO 63042

Listing Price: $2,269,800

Cap Rate
7.25%
Tenant Name
Dollar General/First Cash Pawn
Years Remaining On Lease
3.0
Guarantor
Corporate Guarantee
Rentable SF
17,034
Lease Type
Double Net
Rent Per Square Feet
$5.41

Investment Overview

Marcus & Millichap is pleased to present the exclusive net lease offering for a Dollar General/First Cash Pawn located at 7751 N Lindbergh Blvd, Hazelwood, Missouri. The property consists of 17,034 square feet of building space and is situated on a 1.41 -acre parcel. This tenant has been successfully operating at this location for 32 years! Marcus & Millichap is pleased to present the exclusive net lease offering for a Dollar General/First Cash Pawn Shop located at 7751 N Lindbergh Blvd, Hazelwood, Missouri. The property consists of 17,034 square feet of building space and is situated on a 1.41-acre parcel. Dollar General is comprised of 10,400 total square feet. This investment is subject to an original 7-year double-net (NN) lease that was recently extended for 3 years, with the current lease expiration of October 2024. This is a corporate location and is guaranteed by Dollar General corporate (NYSE: DG), which has an investment grade credit rating (S&P BBB, Stable. Tenant shall be entitled to extend the term of the lease for three more years. Founded in Goodlettsville, Tennessee, Dollar General Corporation has been delivering value to shoppers for over 75 years. With over 17,000 stores in 46 states Dollar General is among the largest discount retailer.

Investment Highlights

  • 32 Year Operating History for First Cash Pawn
  • Corporate Guarantees on Each Tenant
  • Brand New Roof Replacement in August 2020 – Total Costs of Over $50K

Exclusively Listed By

Broker of Record

  • Brad Barham

    First Vice President Investments

    (314) 889-2500

    License(s) MO: 2013016939

    Missouri

Financing By

Discount

Dollar General | First Cash Pawn

Listing Price: $2,269,800

Cap Rate
7.25%
Tenant Name
Dollar General/First Cash Pawn
Years Remaining On Lease
3.0
Guarantor
Corporate Guarantee
Rentable SF
17,034
Lease Type
Double Net
Rent Per Square Feet
$5.41

Investment Highlights

  • 32 Year Operating History for First Cash Pawn
  • Corporate Guarantees on Each Tenant
  • Brand New Roof Replacement in August 2020 – Total Costs of Over $50K

Investment Overview

Marcus & Millichap is pleased to present the exclusive net lease offering for a Dollar General/First Cash Pawn located at 7751 N Lindbergh Blvd, Hazelwood, Missouri. The property consists of 17,034 square feet of building space and is situated on a 1.41 -acre parcel. This tenant has been successfully operating at this location for 32 years! Marcus & Millichap is pleased to present the exclusive net lease offering for a Dollar General/First Cash Pawn Shop located at 7751 N Lindbergh Blvd, Hazelwood, Missouri. The property consists of 17,034 square feet of building space and is situated on a 1.41-acre parcel. Dollar General is comprised of 10,400 total square feet. This investment is subject to an original 7-year double-net (NN) lease that was recently extended for 3 years, with the current lease expiration of October 2024. This is a corporate location and is guaranteed by Dollar General corporate (NYSE: DG), which has an investment grade credit rating (S&P BBB, Stable. Tenant shall be entitled to extend the term of the lease for three more years. Founded in Goodlettsville, Tennessee, Dollar General Corporation has been delivering value to shoppers for over 75 years. With over 17,000 stores in 46 states Dollar General is among the largest discount retailer.

Exclusively Listed By

Broker of Record

  • Brad Barham

    First Vice President Investments

    (314) 889-2500

    License(s): MO: 2013016939

    Missouri

Financing By

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