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2128 S Maiden Ln
Joplin, MO 64804
Retail Property For Sale
Investment Highlights
- Over 19,767 VPD at the intersection of Maiden Ln & Southlake Blvd
- Average household income of $71,463
- 5 mile population in excess of 67,178 residents
Executive Summary
2024 build-to-suit construction for Dollar Tree
±10 year NN+ lease with minimal landlord responsibility
Joplin is considered the gateway to the Ozarks
Nearby national tenants include Walmart, Ace Hardware, Aldi, Taco Bell, Subway, Walgreens, and many more
The subject property comes with a 20-year transferable roof warranty
Five, 5-year renewal options, all of which include attractive rental increases
Dollar Tree acquired Family Dollar in 2015 and they are considered to be the second largest discount retailer in the United States with more than 16,000 locations
Dollar Tree is one of the few retailers that thrived through the COVID pandemic and witnessed a sharp increase in same-store sales/profitability
Investment Grade Credit Tenant – S&P Rated BBB
±10 year NN+ lease with minimal landlord responsibility
Joplin is considered the gateway to the Ozarks
Nearby national tenants include Walmart, Ace Hardware, Aldi, Taco Bell, Subway, Walgreens, and many more
The subject property comes with a 20-year transferable roof warranty
Five, 5-year renewal options, all of which include attractive rental increases
Dollar Tree acquired Family Dollar in 2015 and they are considered to be the second largest discount retailer in the United States with more than 16,000 locations
Dollar Tree is one of the few retailers that thrived through the COVID pandemic and witnessed a sharp increase in same-store sales/profitability
Investment Grade Credit Tenant – S&P Rated BBB
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,000 SF
Building Class
B
Year Built
2024
Price
$2,401,361
Price Per SF
$240.14
Cap Rate
7.35%
NOI
$176,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.00 AC
Frontage
217’ on Maiden Ln
Property Taxes
| Parcel Number | 19-5.0-16-10-013-010.000 | Improvements Assessment | $211,740 |
| Land Assessment | $30,430 | Total Assessment | $242,170 |
Property Taxes
Parcel Number
19-5.0-16-10-013-010.000
Land Assessment
$30,430
Improvements Assessment
$211,740
Total Assessment
$242,170
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