Retail Space /MO /New Madrid County /New Madrid /685 Us Highway 61
Retail Space /MO /New Madrid County /New Madrid /685 Us Highway 61

685 Us Highway 61 - Freestanding FOR SALE


New Madrid, MO 63869 | 
$753,300 USD
248-702-0288
685 Us Highway 61, New Madrid, MO for Sale
$753,300 USD
Freestanding - FOR SALE
1/6
null | 9% Cap Rate
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685 Us Highway 61
New Madrid, MO 63869

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HIGHLIGHTS

  • New HVAC 2020
  • Tenant extended for 3 years Dec 2024
  • Long term occupancy since 2005
  • 3,787 daily traffic counts along US Hwy 61, the famous "Blues Highway" which runs from Minnesota to New Orleans
  • Well maintained concrete parking lot
  • Prototypical Dollar General building, built to suit

OVERVIEW

Dollar General pays directly to vendors for insurance, and reimburse for real estate taxes. DG pays a monthly CAM stipend and reimburses actual expenses for any snow removal

FOR SALE DETAILS

PRICE

$753,300 USD

PRICE/SF

$84 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,523 SF

ZONING

-

APN/PARCEL ID

14-8.2-033-00-000-0030.05

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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

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