Cap Rate
7.5%
Tot. SF
9,100
1019 S Main St, La Monte, MO, 65337
DOLLAR GENERAL$1,133,333
Key Information
Year Built
2020
Term Remaining
±10.6 YRS
Type
Retail
Highlights
- Over ±10.50 years remaining on the primary term including five, 5-year options with 10% rental increases at the start of each option period.
- 2020 built-to-suit construction for Dollar General.
- The property is ±0.88 acres and includes a concrete parking lot with 31 spaces.
- Absolute NNN lease with no management responsibilities, making this a perfect investment for passive investors
- Corporate guaranty from Dollar General Corporation, a fortune 500, investment grade (S&P: BBB) tenant. Dollar General has over 21,000 locations nationwide and is one of the nation’s leading retailers
- La Monte, MO is located ±10 miles from Sedalia, MO and ± 60 miles from Kansas City, MO.
- There are over 19,016 residents living within a 10-mile radius with an average household income surpassing $92,357.
- Located on the main retail corridor in town with excellent visibility and access from Highway 50 (±13,500 VPD)
Photos
Location
Agents
E
Edward DeSimoneLicense # 10401386411 (NY)
Broker of Record
Kyle Matthews
License # 2022018843 (MO)Matthews Real Estate Investment Services, Inc1600 West End, Ste. 1500 Nashville, TN 37203