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Dollar General Market 905 W US Highway 54
12,688 SF Retail Building Vandalia, MO 63382 £1,298,085 (£102/SF) 7.10% Net Initial Yield
Investment Highlights
- Dollar General Market property featuring the larger and highly desired 12,668 SF prototype carrying additional grocery items such as fresh produce, re
- Rare low overall rent for a newly constructed Dollar General Market
- Property features an upgraded construction with a partial brick front
- Long-term lease with 14 years remaining on absolute triple net lease (no landlord responsibilities)
- Surrounding area features many retailers including O’Reilly Auto Parts, Ace Hardware, County Market, Dairy Queen, Subway, Central Bank, Family Dollar,
- Immediate proximity to Women’s Eastern Reception, Diagnostic and Correctional Center, providing economic stability and long-term viability to Vandalia
Executive Summary
This new construction Dollar General Market store features the larger and highly coveted 12,668 SF prototype. The store carries additional grocery items such as fresh produce, refrigerated and frozen food offerings, dairy products, and more. The 15-year lease features zero landlord responsibilities.
Dollar General is an investment grade rated company (S&P: BBB). Dollar General is planning to open 800+ stores in 2024 and continues to experience same-store sales growth.
Listed in association with David Elkan of Westmore Group Inc. MO License No. 2006016265
Property Facts
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
-
- Retailer
- -
- -
- Jun 2038
At Dollar General, their actions are guided by a simple mission: Serving Others. For their customers, this means placing them at the center of all they do, working every day to deliver value and convenience through their neighborhood general stores. For their employees, this means respect and the opportunity to grow and develop their careers, and for their communities, this means helping support the communities they call home. They strive to make shopping hassle-free and affordable with easy-to-shop stores. Their stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
|
|
Retailer | - | - | Jun 2038 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £7,105 | Total Assessment | £7,105 |
PROPERTY TAXES
-
Zach Wright -
Brandon Wright -
The Boulder Group
Presented by
Dollar General Market | 905 W US Highway 54
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