710 E Pennell St - Freestanding FOR SALE


Carl Junction, MO 64834
$1,227,421 USD
314-889-2555
710 E Pennell St, Carl Junction, MO for Sale
$1,227,421 USD
Freestanding - FOR SALE
1/6
null | 7.6% Cap Rate

710 E Pennell St
Carl Junction, MO 64834


HIGHLIGHTS

  • 10-Year NN Lease With 5+ Years Remaining on Base Term, Minimal Landlord Responsibilities with Favorable Reimbursements
  • This Location is Ranked #4 of 23 Dollar General stores within 15 mile Radius per Placer AI
  • 10% Rent Bump April 2026 & 10% Rent Bumps at Each Rent Renewal
  • Tenant Holds Two (2) Options to Extend the Lease, Each for a Five-Year Term
  • Investment-Grade Tenant Rated ‘BBB’
  • Dollar General is the Nation’s Largest Retailer by Store Count, Operating More Than 20,000 Locations.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,227,421 USD

PRICE/SF

$106 USD /SF

CAP RATE

7.6%

% 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

2021

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

-

APN/PARCEL ID

16-3.0-05-30-016-001.000

ASK ABOUT THIS PROPERTY

Dave SaverinMarcus & MillichapMore Info
314-889-2555

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Dave SaverinMarcus & MillichapMore Info
314-889-2555

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