Dollar General Market | 1283 Highway J hwy
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Dollar General Market 1283 Highway J hwy
12,668 SF Retail Building Wright City, MO 63390 $3,047,560 CAD ($241 CAD/SF) 6.65% Cap Rate
Investment Highlights
- Located in the St. Louis MSA approximately 40 minutes from St. Louis Lambert International Airport and 55 minutes from Downtown St. Louis
- Affluent surrounding area with average annual household incomes of $118,000 in three miles
- Long-term lease with 15 years remaining
- Lease features 5% rental increases every five years in primary term and renewal options
- Brand-new construction Dollar General Market property featuring the larger and coveted 12,668 SF prototype
- Absolute triple net lease with no landlord responsibilities
Executive Summary
The Boulder Group is pleased to exclusively market for sale a new construction Dollar General Market in Wright City, MO. Wright City is located in the St. Louis MSA and approximately 40 minutes from St. Louis Lambert International Airport and 55 minutes from Downtown St. Louis. The average annual household income within three miles of the property is $118,000 and there are over 15,000 people living within a five-mile radius.
This brand-new construction Dollar General Market store features the larger and highly coveted 12,668 SF prototype. The new 15-year lease features 5% rental increases every five years throughout the primary term and options. There are no landlord responsibilities.
Dolla General is an investment grade rated company (S&P: BBB). Dollar General is planning to open 730+ 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
This brand-new construction Dollar General Market store features the larger and highly coveted 12,668 SF prototype. The new 15-year lease features 5% rental increases every five years throughout the primary term and options. There are no landlord responsibilities.
Dolla General is an investment grade rated company (S&P: BBB). Dollar General is planning to open 730+ 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
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
12,668 SF
Year Built
2024
Price
$3,047,560 CAD
Price Per SF
$241 CAD
Cap Rate
6.65%
NOI
$202,663 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
4.30 AC
PROPERTY TAXES
| Parcel Number | 198034000000026000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $61,856 CAD |
PROPERTY TAXES
Parcel Number
198034000000026000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$61,856 CAD
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Dollar General Market | 1283 Highway J hwy
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