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Dollar General Market 2280 Highway K 12,668 SF Retail Building Bonne Terre, MO 63628 $2,054,657 ($162.19/SF) 7% Cap Rate



Investment Highlights
- New Construction
- Zero Management Responsibilities
- Recession Resistant Tenant
- Attractive Rent Increases
- Investment Grade Credit
- Area Drivers
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a newer construction freestanding Dollar General Market investment property located at 2280 Highway K in Bonne Terre, Missouri (the “Property”). The newer construction Dollar General Market has 13-years remaining on its Absolute NNN Lease with five (5), 5-year renewal options. The lease features attractive 5% rent increases every five years throughout the primary lease term and at the start of each renewal option.
The recently constructed Dollar General Market is strategically located at the intersection of Hillcrest Drive and Missouri Highway K, a primary commercial and commuter corridor in Bonne Terre. The Property is positioned just seconds from a cluster of national and local retailers and restaurants that generate consistent consumer traffic. Located approximately 11 miles northwest of Farmington’s downtown area, the site is well positioned to cater to an underserved trade area with limited retail competition. The Property is also conveniently located near residential neighborhoods and area schools, supporting a built-in and reliable customer base. In addition, the site is approximately 0.2 miles from US Highway 67, providing strong regional connectivity. Bonne Terre is in eastern Missouri, approximately 60 miles south of St. Louis, further enhancing the Property’s accessibility within the broader market.
The recently constructed Dollar General Market is strategically located at the intersection of Hillcrest Drive and Missouri Highway K, a primary commercial and commuter corridor in Bonne Terre. The Property is positioned just seconds from a cluster of national and local retailers and restaurants that generate consistent consumer traffic. Located approximately 11 miles northwest of Farmington’s downtown area, the site is well positioned to cater to an underserved trade area with limited retail competition. The Property is also conveniently located near residential neighborhoods and area schools, supporting a built-in and reliable customer base. In addition, the site is approximately 0.2 miles from US Highway 67, providing strong regional connectivity. Bonne Terre is in eastern Missouri, approximately 60 miles south of St. Louis, further enhancing the Property’s accessibility within the broader market.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
12,668 SF
Building Class
C
Year Built
2024
Price
$2,054,657
Price Per SF
$162.19
Cap Rate
7%
NOI
$143,826
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.41 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dollar General
- Retailer
- -
- -
- Triple Net
- Apr 2039
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dollar General | Retailer | - | - | Triple Net | Apr 2039 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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Dollar General Market | 2280 Highway K
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