365 N Public Ave - Storefront Retail/Office FOR SALE


Clever, MO 65631
$1,572,000 USD
650-678-7200
365 N Public Ave, Clever, MO for Sale
$1,572,000 USD
Storefront Retail/Office - FOR SALE
1/2
null | 7.85% Cap Rate

365 N Public Ave
Clever, MO 65631


HIGHLIGHTS

  • 10-year corporate net lease featuring five, 5-year extension options at increased rents
  • Lease is guaranteed by Dollar Tree (NASDAQ: DLTR)
  • S&P Global Ratings affirmed Dollar Tree’s “ BBB” investment grade rating 1/27/25, with a stable outlook
  • 2024 build-to-suit construction to tenant’s latest prototype
  • 20-year transferable roof warranty in place
  • Affluent submarket – $97,713 average household incomes within a 3-mile radius of the subject property

OVERVIEW

A corporate triple net Dollar Tree with a 10-year base term lease and five, 5-year options to extend the lease at increased rents. The subject property is located in Clever, MO – an affluent Springfield suburb boasting average household incomes of $97,713 within a 3-mile radius.

FOR SALE DETAILS

PRICE

$1,572,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

7.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,708 SF

ZONING

-

APN/PARCEL ID

09-0.4-20-002-001-002.002

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.