25568 Hwy 5 - Freestanding FOR SALE


Gravois Mills, MO 65037
$1,199,000 USD
303-263-6260
25568 Hwy 5, Gravois Mills, MO for Sale
$1,199,000 USD
Freestanding - FOR SALE
1/5
null | 6.56% Cap Rate

25568 Hwy 5
Gravois Mills, MO 65037


HIGHLIGHTS

  • Low rent store at $8.64!
  • Newer construction completed in 2017
  • Investment grate rated Tenant
  • Absolute triple net lease
  • Frontage on Missouri Route 5
  • Fully remodeled Fall of 2023

OVERVIEW

NorthPeak Commercial Advisors is pleased to bring this single tenant Dollar General located in the Lake of the Ozarks to market. Located in Gravois Mills just across Highway 5 from the Lake of the Ozarks in Missouri, this 9,100 square foot Dollar General is well positioned with frontage right on the primary thoroughfare in the trade area. This location was strategically selected by Dollar General due to its proximity to Lake of the Ozarks, which is one of the premier lake resort destinations in the country. With 1,150 miles of shoreline and covering roughly 54,000 acres, the lake attracts an estimated 2.5 million visitors annually. Located in central Missouri, the lake is nearly equidistant from the state’s largest population centers of St. Louis and Kansas City, making it a popular destination for both in-state and out-of-sate visitors. Dollar General has demonstrated their commitment to this location by recently completing a major renovation of the site. Completed in 2017, the property is leased to Dollar General on an absolute triple net basis with no landlord responsibilities. The lease term expires on July 31, 2032 and has three, five-year renewal options with 10% rental escalations built into each option period. Dollar General is a publicly traded company (NYSE: DG) with $30.2 billion market capitalization and a Standard & Poor’s investment-grade credit rating of BBB. This offering affords a potential buyer a true turnkey investment and is ideal for investors seeking limited responsibilities, stable returns and solid capital growth.

FOR SALE DETAILS

PRICE

$1,199,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

6.56%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

4.42 AC

LAND SF

192,535 SF

ZONING

-

APN/PARCEL ID

154017400002003000

ASK ABOUT THIS PROPERTY

Kevin CalameNorthPeak Commercial AdvisorsMore Info
303-263-6260

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Kevin CalameNorthPeak Commercial AdvisorsMore Info
303-263-6260

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