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Dollar Tree 908 N Truman Blvd

10,000 SF Retail Building Caruthersville, MO 63830 £885,276 (£89/SF) 8% Net Initial Yield

Investment Highlights

  • Corporate Guaranteed Lease – Investment Grade Credit Rating.
  • Dollar Tree operates approximately ±16,774 locations across 48 states and five Canadian provinces.
  • Century Casino and Hotel – fully renovated in 2022 – features 600 slot machines, nine live table games, a restaurant and bar, and 74 hotel rooms.
  • Dollar Tree was deemed an “essential retailer” during the COVID-19 Pandemic.
  • Lease Term – Over 5 Years remaining on the primary term of the lease.
  • Nearby Tenants – National Credit Tenants nearby include Dollar General, Sherwin Williams, Sonic, Burger King, McDonald’s.

Executive Summary

Broker of Record
Kyle Matthews
License No. 2022018843 (MO)

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
10,000 SF
Building Class
B
Year Built
2020
Price
£885,276
Price Per SF
£89
Net Initial Yield
8%
NOI
£70,822
Tenancy
Single
Number of Floors
1
Building FAR
0.20
Lot Size
1.14 AC

Amenities

  • Pylon Sign

Links

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Nearby Major Retailers

Rent One Home Furnishings
Buddy's Home Furnishings

PROPERTY TAXES

Parcel Number 16-04-17-04-009-00200 Improvements Assessment £0
Land Assessment £0 Total Assessment £159,430

PROPERTY TAXES

Parcel Number
16-04-17-04-009-00200
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£159,430
(615) 789-8730

Contacts

  • Listing ID: 34225071

  • Date on Market: 17/12/2024

  • Last Updated:

  • Address: 908 N Truman Blvd, Caruthersville, MO 63830

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© 2024 CoStar Group

Dollar Tree | 908 N Truman Blvd
(615) 789-8730 x

Dollar Tree | 908 N Truman Blvd

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Gannon Ethington

(615) 789-8730

(615) 789-8730

Clay Smith

(214) 692-2216

(214) 692-2216

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