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Dollar General 607 NE 23 Hwy 9,146 SF Retail Building Knob Noster, MO 65336 $1,100,000 ($120.27/SF) 7.46% Cap Rate
Investment Highlights
- Double Net Lease Through April 2031
- Top 2% Nationwide Per Placer.ai
- 2.5 Miles From Whiteman Air Force Base
- Five Five-Year Options With Rent Increases
- Across From New Knob Noster High School (Under Construction)
Executive Summary
Marcus & Millichap is pleased to present this single tenant Dollar General in Knob Noster, MO. It was built-to-suit for Dollar General in 2010 and is in the top 2% of Dollar Generals nationwide per Placer.ai. The property is well-located off of the highway and adjacent to McDonald's and the new Knob Noster High School.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,146 SF
Building Class
C
Year Built
2010
Price
$1,100,000
Price Per SF
$120.27
Cap Rate
7.46%
NOI
$82,042
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.40 AC
Frontage
165’ on North 23 Highway
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Single Net
- -
Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Single Net | - |
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 10501600000002442 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $165,839 |
Property Taxes
Parcel Number
10501600000002442
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$165,839
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Dollar General | 607 NE 23 Hwy
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