Dollar General 710 E Pennell St 11,600 SF Retail Building Carl Junction, MO 64834 $1,227,421 ($105.81/SF) 7.60% Cap Rate

Marcus & Millichap is pleased to present the Dollar General located at 710 Pennell Street in Carl Junction, Missouri. Developed in 2021, this single-tenant Dollar General property consists of a ±11,660 square foot building situated on a ±0.87-acre parcel,operating under a Double Net (NN) lease with Landlord responsible for Roof & Structure. This larger store format features more refrigerators and Freezers to meet customer demands for grocery items.
In April 2026 the annual rent and NOI increase to $93,225 annually.
Placer AI ranks this Dollar General as #4 of 23 Dollar General Stores within a 15 mile radius and Top 42% in Missouri.
The property benefits from strong visibility and accessibility in Carl Junction, a growing community located in northwestern Joplin MSA in Southwest Missouri. Positioned within a dense and established retail trade area, this Dollar General is well situated to serve the surrounding population and capitalize on consistent consumer demand.
Southwestern Missouri continues to experience steady population and economic growth, supported by a diverse employment base and expanding infrastructure. This location provides investors with a stable, long-term NN lease opportunity.
INVESTMENT HIGHLIGHTS
-10-Year NN Lease With 5.3 Years Remaining with Minimal Landlord Responsibilities & Favorable Reimbursements
-10% Rent Increase in April 2026
-Ranked #4 of 23 Dollar General stores within 15 mile Radius per Placer AI
-Large Store Format (11,660 sf) provides more space for Refrigeration and Freezers for groceries similar to a Dollar General Plus
-Tenant Holds Two (2) Options to Extend the Lease, Each for a Five-Year Term with 10 Percent Rent Increases at Each Option Renewal
-Investment-Grade Tenant Rated ‘BBB’ | Dollar General is the Nation’s Largest Retailer by Store Count, Operating More Than 20,000 Locations.