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Property Detail

Missouri H
This brand-new Dollar General Market location offers a new leasing structure, providing rent bumps .
$2,042,000

Description

  • This brand-new Dollar General Market location offers a new leasing structure, providing rent bumps during the lease's primary term.
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  • Due to a lack of alternative retail options in this bedroom community, this DG Market will become a key resource for locals and visitors to this area.
  • Zero landlord responsibilities, a Dollar General Corporate Guaranty, and a BBB investment grade credit rating encompass this prime opportunity.
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  • Just over an hour from St. Louis on Hwy H, Leasburg attracts over half a million travelers to the Onondaga Cave State Park and Meramec River.

Executive Summary

$65,000 FEE to BUYER BROKER!
This is an exciting opportunity to own a brand new Dollar General Market in Leasburg, MO - the gateway to fun in Missouri. Savvy investors
are keen to acquire this newest generation of Lease, as it allows an investor to recapture 110% of their investment in the primary term, a
rare occurrence in ANY net lease investment.
This latest generation store, is Dollar Generals best concept, the coveted DG Market - featuring expanded produce, refrigerated and frozen
food offering, dairy products and an assortment of fresh meats. It truly is a one stop, shop.Highlighted by a 15 year absolute net lease, with
4 x 5 year options, after the initial term. Featuring zero landlord responsibilities, 5% rent bumps DURING the primary term and each option,
a full Dollar General Corporate Guaranty, and a BBB “investment grade” credit rating, it is ideal for the investor looking a passive, no hassle
investment and a perfect 1031 exchange property. This brand new store is open and paying rent.
Leasburg, MO is a lovely bedroom community, about an hour outside St Louis,and the gateway to two of the top tourist destinations in
Missouri - the Meramec River, a true Mecca for floating/rafting & fishing and Onondaga Cave State Park which alone attracts almost half a
MILLION visitors a year. This store is located on Highway H, the main road into both destinations. Leasburg is underserved by retail, making
this a supreme location, with pent-up demand for Dollar General. DG is widely regarded as America’s top dollar store concept, posting 33
successive quarters of growth.

Brand New Dollar General Market

Listing ID : 00778

SKU: 778

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Price History

DateEventPrice
December 10 2024Listed$2,042,000.00