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908 E Ohio St
Clinton, MO 64735
Dollar General - Clinton, MO · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
14,077 SF
Year Built/Renovated
1984/2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.55
Lot Size
0.59 AC
Zoning
Commercial

AMENITIES

  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

ABOUT 908 E OHIO ST , CLINTON, MO 64735

Fortis Net Lease is pleased to present this 14,077 SF. Dollar General store located in Clinton, MO. The property is encumbered with a Gross Lease, leaving limited landlord responsibilities. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store is open, with rent having commenced since 1999. This Dollar General is highly visible as it is strategically positioned on E Ohio St. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 8% cap rate based on NOI of $47,459.

PROPERTY TAXES

  • Listing ID: 16040526

  • Date on Market: 5/14/2019

  • Last Updated:

  • Address: 908 E Ohio St, Clinton, MO 64735