702 E Main St | Warrenton, MO 63383
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- LoopNet Team
702 E Main St
Warrenton, MO 63383
NN Lease Dollar Tree and Storage Unit · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong Store Sales: Dollar Tree manager reported that sales are $1.5M, and the store has been growing yearly.
- Historical Occupancy: Dollar Tree has been at this location since 2010, signed its first renewal option early, with a five-year option remaining
- Essential Retail: The US government considers discount stores essential retailers, thus proving to be both "recession-proof" and "pandemic-proof."
- Corporate Guaranteed NN Lease: 78% of the property is occupied by Dollar Tree Inc., encumbered with a corporate guaranteed NN lease.
- Investment Grade: Dollar Tree has an investment grade credit rating of BBB by Standard & Poor and operates 15,200 locations.
- Demographics: The local population is 11,500, and the average household income of $66,100, making Dollar Tree an ideal tenant to serve the community.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,585 SF
Building Class
C
Year Built
2010
Building Height
1 Story
Building FAR
0.19
Lot Size
1.37 AC
Zoning
commercial
Frontage
159’ on E Boonslick Road
PROPERTY TAXES
| Parcel Number | 05-28.0-1-12-004.000.000 | Improvements Assessment | $79,859 |
| Land Assessment | $45,901 | Total Assessment | $125,760 |
PROPERTY TAXES
Parcel Number
05-28.0-1-12-004.000.000
Land Assessment
$45,901
Improvements Assessment
$79,859
Total Assessment
$125,760
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