8634 Old State Route 21 - Freestanding FOR SALE
Hillsboro, MO 63050 |
$1,310,871 USD
424-261-7308
8634 Old State Route 21
Hillsboro, MO 63050
HIGHLIGHTS
- Absolute NNN Lease with ±5.5 Years Remaining and Zero Landlord Responsibilities.
- Investment-Grade Corporate Guarantee by Dollar General (S&P: BBB).
- Attractive 8.15% Cap Rate with $106,837 Annual NOI and Passive Ownership.
- Modern 8,000 SF Built-to-Suit Construction Completed in 2015.
- Located in a Strong Trade Area with Limited Retail Competition.
- Three Five-Year Renewal Options Each Featuring 10% Rental Increases.
FOR SALE DETAILS
PRICE
$1,310,871 USD
PRICE/SF
$144 USD /SF
CAP RATE
8.15%
% 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
1965
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.72 AC
LAND SF
74,923 SF
ZONING
CC-2
APN/PARCEL ID
12-1.0-01.0-0-000-030
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424-261-7308
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424-261-7308
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