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101 S Main St 9,600 SF Retail Building Joplin, MO 64801 $800,000 ($83.33/SF) 8.12% Cap Rate
Investment Highlights
- 100% Leased
- Recent parking lot seal and stripe
- New HVAC
Executive Summary
• 100% leased
• Recently signed lease extension with an 80% rent increase showing long term commitment to the site
• Priced well below replacement cost
• 20+ year operating history for Dollar General
• Recent updates include New HVAC and Parking Lot seal and stripe
• Recently signed lease extension with an 80% rent increase showing long term commitment to the site
• Priced well below replacement cost
• 20+ year operating history for Dollar General
• Recent updates include New HVAC and Parking Lot seal and stripe
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,600 SF
Building Class
C
Year Built
1958
Price
$800,000
Price Per SF
$83.33
Cap Rate
8.12%
NOI
$65,000
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.36
Lot Size
0.61 AC
Opportunity Zone
Yes
Zoning
C-2
Parking
34 Spaces (3.54 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
-
99,999 SF
- -
-
Jan 0000
Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business created by J.L. Turner and Cal Turner. The company later evolved into a discount retailer and now focuses on everyday essentials, including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor, alongside private brands and well-known national brands. Dollar General also operates DG Market, DGX, and pOpshelf formats in the United States and Mi Súper Dollar General stores in Mexico, while continuing to build a broad convenience-oriented general merchandise business.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | 99,999 SF | - | Jan 0000 |
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $435,020 | |
| Land Assessment | $21,060 | Total Assessment | $456,080 |
Property Taxes
Parcel Numbers
Land Assessment
$21,060
Improvements Assessment
$435,020
Total Assessment
$456,080
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