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$1 Auction-REIT Sale | Fmr Family Dollar Tree 407 Highway 63 S 10,613 SF Retail Building Vienna, MO 65582 $95,000 ($8.95/SF)
INVESTMENT HIGHLIGHTS
- ABSOLUTE $1 AUCTION | Former Family Dollar & Dollar Tree | 2022 Built | 1.98 AC | AUCTION DECEMBER 8-10
- Built in 2022; Former Family Dollar & Dollar Tree Combo Store with Open Floor, Rear Storage Room, and Side Door for Deliveries
- Hard Corner with Strategic Highway Frontage and Visibility on US-Hwy 63 with Traffic Counts of 2,558 VPD
- 10,613 SF Freestanding Value-Add Retail on 1.98 Acres Available at Substantial Discount Below Replacement Cost
- Surrounding Traffic Generators: Dollar General, Napa Auto, Phillips 66, The Maries County Bank, USPS, County Offices
- Attractive Demographics with Annual Household Income of ±$75,066 (10-mile radius)
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present a vacant, free-standing retail building located at 407 Highway 63 North, Vienna, Maries County, Missouri 65582 (the “Property”). Formerly occupied by Family Dollar-Dollar Tree, the Property is being offered significantly below replacement cost, creating an excellent opportunity for owner-users or investors to acquire a highly visible, strategically positioned asset at a compelling basis. FIRST BID MEETS RESERVE!
Built in 2022, the Property consists of a ±10,613-square-foot, single-story free-standing retail building situated on ±86,216 square feet (±1.98 acres) with an asphalt surface parking lot with 52 spaces. The site is strategically positioned with ±323 feet of frontage along US Highway 63 North which sees approximately ±2,558 vehicles per day (VPD), ensuring accessibility. Previously operated as a dual-store format, the Property was leased to Family Dollar-Dollar Tree on a triple-net (NNN) basis. The Property presents a value-add opportunity through lease-up at long-term market rates, with CoStar estimating retail rents of $9–$11/SF NNN. With no zoning ordinance or zoning regulations in Maries County, the Property supports a wide variety of potential commercial uses, enhancing its flexibility and appeal for both investors and owner-users seeking a strategically positioned asset at an attractive cost basis.
Vienna, Missouri, the county seat of Maries County located in central Missouri, sits at the intersection of U.S. Route?63 and Missouri Route?42, offering regional highway visibility. While the town is small in scale, its role as a civic and county-center node makes it a foundational service hub for the surrounding rural area. Surrounding traffic generators include Dollar General, Napa Auto, Phillips 66, USPS, along with local restaurants, service providers, and civic institutions that generate consistent daily traffic. With over 4,099 residents and an average household income of ±$75,066 within a 10-mile radius, the area sustains reliable demand for retail, restaurant, and professional service users.
Built in 2022, the Property consists of a ±10,613-square-foot, single-story free-standing retail building situated on ±86,216 square feet (±1.98 acres) with an asphalt surface parking lot with 52 spaces. The site is strategically positioned with ±323 feet of frontage along US Highway 63 North which sees approximately ±2,558 vehicles per day (VPD), ensuring accessibility. Previously operated as a dual-store format, the Property was leased to Family Dollar-Dollar Tree on a triple-net (NNN) basis. The Property presents a value-add opportunity through lease-up at long-term market rates, with CoStar estimating retail rents of $9–$11/SF NNN. With no zoning ordinance or zoning regulations in Maries County, the Property supports a wide variety of potential commercial uses, enhancing its flexibility and appeal for both investors and owner-users seeking a strategically positioned asset at an attractive cost basis.
Vienna, Missouri, the county seat of Maries County located in central Missouri, sits at the intersection of U.S. Route?63 and Missouri Route?42, offering regional highway visibility. While the town is small in scale, its role as a civic and county-center node makes it a foundational service hub for the surrounding rural area. Surrounding traffic generators include Dollar General, Napa Auto, Phillips 66, USPS, along with local restaurants, service providers, and civic institutions that generate consistent daily traffic. With over 4,099 residents and an average household income of ±$75,066 within a 10-mile radius, the area sustains reliable demand for retail, restaurant, and professional service users.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,613 SF
Building Class
B
Year Built
2022
Price
$95,000
Price Per SF
$8.95
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.98 AC
Zoning
Commercial
Parking
52 Spaces (4.9 Spaces per 1,000 SF Leased)
Frontage
199’ on South Highway US 63
AMENITIES
- Signage
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 08-4.0-20-003-01-0009.01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,950 |
PROPERTY TAXES
Parcel Number
08-4.0-20-003-01-0009.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,950
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$1 Auction-REIT Sale | Fmr Family Dollar Tree | 407 Highway 63 S
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