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299 S Shaw St
Richmond, MO 64085
Dollar General · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,128 SF
Building Class
C
Year Built
1961
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.81 AC
About 299 S SHAW ST , RICHMOND, MO 64085
The subject property is a single-tenant, corporately guaranteed Dollar General located in Richmond, Missouri. Dollar General has been in this location since 1995 and has continuously exercised options. In 2017 Dollar General once again extended their lease for another seven years. The property is double-net with the landlord responsible for the roof, parking lot and structure. Dollar General reimburses a CAM charge monthly to the landlord. The lease currently has six years remaining with two, five-year options with subsequent 7% rent increases. The property is being offered at a 9% cap rate and is an ideal opportunity for a passive investor looking for a credit rated corporate backed asset.
Property Taxes
| Parcel Number | 10093102001003000 | Improvements Assessment | $31,560 |
| Land Assessment | $6,500 | Total Assessment | $38,060 |
Property Taxes
Parcel Number
10093102001003000
Land Assessment
$6,500
Improvements Assessment
$31,560
Total Assessment
$38,060
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