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Net Leased Family Dollar 401 N Mason St 8,400 SF Retail Building Carrollton, MO 64633 $869,052 ($103.46/SF) 9.25% Cap Rate

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Investment Highlights

  • Net Lease: Landlord Responsible for Roof & Structure Only
  • Adjacent to Key Retailers and Services Including Mulch's Country Mart, CVS Pharmacy, Dollar General, and Casey's General Store
  • Highly Visible Site Along North Mason Street
  • Convenient Access to U.S. Highways 24 and 65

Executive Summary

The Kase Group is pleased to present the opportunity to acquire a net-leased Family Dollar located at 401 North Mason Street in Carrollton, Missouri. The property consists of an ±8,400 square foot freestanding building with excellent visibility along the town’s primary commercial corridor. Carrollton serves as a local hub for surrounding rural communities, offering a steady flow of local and regional traffic.
The lease is structured as a Net Lease with minimal landlord responsibilities limited to roof and structure. The current term runs through March 31, 2028, and includes five (5) additional five-year renewal options with no rental increases during the base or option periods.
The property is strategically positioned near several key retailers and service providers, including Mulch's Country Mart, CVS Pharmacy, Dollar General, and Casey's General Store. Additionally, the property offers convenient access to U.S. Highways 24 and 65.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,400 SF
Building Class
C
Year Built
2012
Price
$869,052
Price Per SF
$103.46
Cap Rate
9.25%
NOI
$80,387
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.02 AC
Zoning
C - Commercial
Parking
16 Spaces (1.9 Spaces per 1,000 SF Leased)
Frontage
271’ on N Mason St

Amenities

  • Pylon Sign
  • Signage

Property Taxes

Property Taxes

Parcel Number
14-8.0-33-2-08-006.01
Land Assessment
$2,240
Improvements Assessment
$203,330
Total Assessment
$205,570
  • Listing ID: 35877363

  • Date on Market: 5/15/2025

  • Last Updated:

  • Address: 401 N Mason St, Carrollton, MO 64633

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