7451 W Veterans Blvd - Freestanding FOR SALE


Clever, MO 65631
$1,725,524 USD
214-692-2927
7451 W Veterans Blvd, Clever, MO for Sale
$1,725,524 USD
Freestanding - FOR SALE
1/1
null | 7.15% Cap Rate

7451 W Veterans Blvd
Clever, MO 65631


HIGHLIGHTS

  • 2024 Built-to-suit construction for Dollar Tree
  • 5 Mile Population of 14,094 Residents
  • 10 Mile Population of 75,484 Residents
  • Average Household Income of $98,834, proving an affluent customer base

OVERVIEW

10-Year NN+ lease w/ limited landlord responsibilities. The subject property comes with a 20-year transferable roof warranty. Five, 5-Year Options with rent increases of $5,250 ($.50 PSF). Extremely strong corporately guaranteed lease. Dollar Tree acquired Family Dollar in 2015 and is now considered to be the second-largest discount retailer in the United States with more than 16,000 locations. Dollar Tree boasts an investment-grade credit rating of BBB. Dollar Tree has thrived through the COVID pandemic and witnessed a sharp increase in same-store sales and profitability.

FOR SALE DETAILS

PRICE

$1,725,524 USD

PRICE/SF

$191 USD /SF

CAP RATE

7.15%

% 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

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

09-0.4-17-000-000-028.001

ASK ABOUT THIS PROPERTY

Scotty LatimerMatthews Real Estate Investment ServicesMore Info
214-692-2927

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

Scotty LatimerMatthews Real Estate Investment ServicesMore Info
214-692-2927

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