Investment Overview

Marcus and Millichap is pleased to exclusively offer for sale the Dollar General located at 1010 Nettleton Ave, Thayer, Missouri. The site was built to suit for Dollar General in 1993 and consists of 9,720 rentable square feet. This investment is being offered at $515,000, which represents a 7.50 percent capitalization rate. Dollar General has 4.50 years remaining on a double net lease after a recent lease extension. Additionally there are two, five-year renewal options with favorable rental increases in each. Dollar General pays $1,200 per month as sole contribution toward taxes, insurance, maintenance and reserves. This amount is more than sufficient for the costs of care, insurance, and taxes. The remainder of the funds have been set aside as reserves for capital repairs and upkeep of the property (see page 16 for additional underwriting details).