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300 N Roy Hill Blvd
Goodman, MO 64843
Dollar General / 3% Rent Increase 9/19 · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,014 SF
Building Class
C
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.40 AC
Parking
42 Spaces (4.66 Spaces per 1,000 SF Leased)

ABOUT 300 N ROY HILL BLVD , GOODMAN, MO 64843

Touchstone Commercial Partners is pleased to offer for sale a solid-performing Dollar General Store located in Goodman MO. The building was built in 2009 with the updated Dollar General prototype . The lease runs through August 2024 (5.5 years remaining) with four 5-year renewal options and 10% increase at each renewal option. **BONUS** Store has a scheduled 3% RENT INCREASE in 9/19 which would boost the cap rate upward by 25 basis point to 8.75% cap rate.** Serving as a key destination in town for over the past 10 years, this store offers an excellent opportunity for a 1031 exchange or passive investor seeking a PROVEN-PERFORMING Dollar General location & stable rental cash flow generated by a credit-rated national tenant. The property is located between Springfield MO and Tulsa OK and the large metropolitan Kansas City to the north. Goodman also benefits being in the Show-Me-State which boasts the “4th Lowest Cost of Living” and “15th Best Overall Tax Climate”. Broker of Record Adam Blue, Area Real Estate Advisors, MO Lic #2002027877

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-3.0-06-000-000-019.001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$266,670
  • Listing ID: 16045511

  • Date on Market: 5/14/2019

  • Last Updated:

  • Address: 300 N Roy Hill Blvd, Goodman, MO 64843

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