103 N 25th St - Freestanding FOR SALE


Bethany, MO 64424
$1,068,440 USD
727-550-7114
103 N 25th St, Bethany, MO for Sale
$1,068,440 USD
Freestanding - FOR SALE
1/5
null | 7.9% Cap Rate

103 N 25th St
Bethany, MO 64424


HIGHLIGHTS

  • Triple Net Lease with 6.92-Years Remaining
  • Situated on a hard corner of a 4-way intersection – Sees over 17,000 VPD
  • Average Household Income Over $48,000 in 1-Mile Radius
  • Harrison County Community Hospital less than 1-mile away
  • Over 1,500 Households in 5-Mile Radius
  • 1-Mile off US-35 which sees over 12,000 VPD

OVERVIEW

Marcus and Millichap is pleased to exclusively offer for sale the Dollar General located on 103 N 25thStreet, Bethany, Missouri. This investment is being offered at $1,140,622 which represents a 7.40% cap rate. The subject property is a 9,002 square-foot store build-to-suit in 2016. There are currently 6.92-years remaining on the lease which expires on February 28th, 2031. Accompanied are five, five-year options, each with 10% rental increases. This triple net lease structure calls for tenant responsibilities of taxes, insurance, common area maintenance, roof, and structure. There are no landlord responsibilities. This site is located in the heart of Bethany, Missouri, .5 miles east of Bethany Chamber of Commerce, Harrison County Courthouse, Harrison County Sheriff, Bethany Public Library, and Bethany City Hall. The 5-mile population is over 3,500 residents. Retail corridors with national tenants such as Walmart, Dollar Tree, O'Reilly Auto Parts, Hy-Vee, Pizza hut, Taco Bell, McDonalds, Sonic, Dairy Queen and Tractor Supply Co. are located to the east. Located in the north-west part of Missouri, the subject property is 90 miles north of Kansas City, Missouri. This location serves the population in a 10-mile radius as the closest Dollar General is 17 miles west, in Albany, Missouri.

FOR SALE DETAILS

PRICE

$1,068,440 USD

PRICE/SF

$119 USD /SF

CAP RATE

7.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

-

APN/PARCEL ID

19-2.0-10-4-15-1

ASK ABOUT THIS PROPERTY

Daniel HurdMarcus & MillichapMore Info
727-550-7114

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Daniel HurdMarcus & MillichapMore Info
727-550-7114

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.