425 Hunt St - Freestanding FOR SALE


Leadwood, MO 63653
$493,286 USD
909-456-3476
425 Hunt St, Leadwood, MO for Sale
$493,286 USD
Freestanding - FOR SALE
1/5
null | 7% Cap Rate

425 Hunt St
Leadwood, MO 63653


HIGHLIGHTS

  • DOLLAR GENERAL (NYSE: DG) | STRONG FINANCIAL COMPANY | MORE THAN 19,000 STORES ACROSS THE UNITED STATES
  • LOCAL MARKET REAL ESTATE ANSWERS CORPORATE SITE CRITERIA | DEMONSTRATES TENANT’S PROFITABILITY AT REGIONAL OR SMALL TOWN LOCATION | LOCATION CLASSIFIE
  • CORPORATE GUARANTEE | INCREASING SALES & PROFIT YEAR OVER YEAR | LEASE EXTENSION DEMONSTRATING TENANT’S COMMITMENT
  • RECENT LEASE EXTENSION | TENANT COMMITMENT TO LOCATION | DOUBLE NET (NN) LEASE INVESTMENT | LIMITED LANDLORD RESPONSIBILITIES

OVERVIEW

DOLLAR GENERAL Dollar General (NYSE: DG) is the largest (by store count) small box discount retailer in the United States. Dollar General has a total store count of more than 19,000 with more than 1,000 new store openings in 2023 and 800 New Stores scheduled for 2024 - Indication of Tenant’s Commitment to store efficiency and growth in sales. Dollar General is one of few Net Lease Retailers within the industry that are combined corporately guaranteed and a healthy credit rating making it a perfect tenant to gain safe leverage. Dollar General is a BBB credit rating by Standard & Poor agency. Dollar General’s strategy is to be th “Walmart” of small towns or provide hassle-free experience to customers by providing a carefully crafted assortment of the most popular brands to the consumer. Dollar General is a strong company financially with a 10.6% increase in net sales boasting a total sales of more than $40 Billion (2023) and a same store growth of 4.3%. LOCAL MARKET LEADWOOD, MO Leadwood is a small city with approx 1,200 within the city and it is located in St. Francois County, Missouri. Similar to neighboring towns, it has a historical connection to the lead mining industry that once thrived in the region. Today, Leadwood is a residential community with a modest population. It offers basic amenities such as local shops, schools, and parks, catering to the needs of its residents. While it may be small, Leadwood retains a sense of community and history that adds to its charm. SAINT JOE STATE PARK Saint Joe State Park is located in Park Hills, Missouri. It’s known for its diverse outdoor recreational opportunities, including off-road vehicle riding, camping, hiking, and fishing. The park covers over 8,200 acres and features various terrain, from wooded areas to sand flats. It’s a popular destination for outdoor enthusiasts seeking adventure in the heart of nature. DESLOGE, MO Desloge is a city located in St. Francois County, Missouri. With a population of more than 5,000 residents, the city has a rich history rooted in the lead mining industry, with the Desloge Lead Company playing a significant role in its development. Today, it’s a vibrant community with a mix of residential areas, commercial establishments, and local attractions. The city offers various amenities and services to residents and visitors alike, including parks, shops, restaurants, and cultural events

FOR SALE DETAILS

PRICE

$493,286 USD

PRICE/SF

$47 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,321 SF

ZONING

-

APN/PARCEL ID

08-20-3A-21-002-0006.01

ASK ABOUT THIS PROPERTY

Neil NaranValue Net Lease PartnersMore Info
909-456-3476

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Neil NaranValue Net Lease PartnersMore Info
909-456-3476

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