294 Burks St - Freestanding FOR SALE
Fordland, MO 65652 |
$894,150 USD
949-200-7903
294 Burks St
Fordland, MO 65652
HIGHLIGHTS
- Attractive 8% return on a stabilized investment grade credit tenant.
- Fordland, MO is less than ±25 miles from Springfield, MO (population ±170,067).
- Store ranked in the top 92nd percentile nationwide and top 96th percentile in Missouri, according to Placer.ai.
- Absolute NNN lease structure provides zero management responsibility, providing an investor with long-term passive income.
- Dollar General boasts an investment-grade credit rating of BBB (S&P).
- Dollar General has ±20,000 locations and plans to continue their expansion for the foreseeable future.
FOR SALE DETAILS
PRICE
$894,150 USD
PRICE/SF
$98 USD /SF
CAP RATE
8%
% 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
2015
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
5.05 AC
LAND SF
219,978 SF
ZONING
GC
APN/PARCEL ID
19-3.0-06-001-017-001.010
ASK ABOUT THIS PROPERTY
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949-200-7903
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949-200-7903
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