Historical Industrial Sale Listing - Dollar General Warehouse Distribution Facility

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Dollar General Warehouse Distribution Facility

1900 Cardinal Drive, Fulton, MO 65251

N/A

1,126,040 SF | Industrial

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Dollar General Distribution

Industrial Property - Off Market

Price:
N/A
Building Size:
1,126,040 SF
Property Type:
Industrial
Property Sub-type:
Distribution Warehouse
Property Use Type:
Net Lease Investment with
10+ years left on lease
Cap Rate:
8.62%
Occupancy:
100%
Tenancy:
Single
Year Built:
1999
Clear Ceiling Height:
36 ft.
Dock-High Doors/Loading:
152
Lot Size:
266 AC
Listing ID
15719309
Last Updated
over 1 year ago

Description

1,126,036 square feet, with expansion capabilities, located on 266 acres in M-1 zone. Concrete slab-on-grade construction with load bearing tilt up concrete panel walls and additional steel columns. Open joist roof framing and 36' clear ceiling height. 152 exterior loading docks with 508 surface parking spaces. Existing lease term runs through 6/30/2022 approximately 12.5 years with five (5) five (5) year options at 100% of fair market value. Lease is Bond Type NNN with absolutely no landlord responsibilities. Rent is flat at $ 4,136,321 for primary term.

Fulton is centrally located between Kansas City and St. Louis, 4 miles off Interstate 70 on U.S. Highway 54. Fulton is part of the Mid Missouri Triangle with Jefferson City 20 miles to the South and Columbia 20 miles to the West. Fulton serves as the county seat for the Kingdom of Callaway County.

Map of 1900 Cardinal Drive, Fulton, MO 65251 (Callaway County)

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