Dollar General Market | Triple Net Lease | 10+ Years… — Sale in Pleasant Hill, MO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Pleasant Hill, MO 64080

Photos

Dollar General Market | Triple Net Lease | 10+ Years… — Sale in Pleasant Hill, MO, photo 1 of 4
Dollar General Market | Triple Net Lease | 10+ Years… — Sale in Pleasant Hill, MO, photo 2 of 4
Dollar General Market | Triple Net Lease | 10+ Years… — Sale in Pleasant Hill, MO, photo 3 of 4
Dollar General Market | Triple Net Lease | 10+ Years… — Sale in Pleasant Hill, MO, photo 4 of 4

Investment Figures

Cap rate
6.56%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the offering for a Dollar General Market in Pleasant Hill, Missouri. Investment Highlights: • SINGLE TENANT DG MARKET LOCATION: 12,668-Square Foot on a Large Two Acre Lot with 50 Parking Spaces. DG Market Stores Have a Larger Footprint Than Typical Dollar General Locations With Expanded Offe • TRIPLE NET LEASE: 2023 Construction With Over 11 Years Remaining on the Original Triple-Net Lease. No Landlord Responsibilities. • CORPORATE GUARANTEE: Lease is Guaranteed by Dollar General, With Over 20,000 Locations Across 48 States. • FEE SIMPLE OWNERSHIP: Provides the Buyer With the Highest Form of Real Estate Ownership and Absolute Control Over the Asset. • HIGH VISIBILITY LOCATION: Located Along State Route 7 With Fully Lit Parking Lot and Lighted Pylon Sign. Easy Access From Both Traffic Directions and Pedestrian Access. State Route 7 Sees 8,300 Vehicles Per Day (VPD). • GROWING RETAIL & RESIDENTIAL CORRIDOR: Adjacent to National Retailers Such as O'Reilly Auto Parts, Price Chopper, Taco Bell, Phillips 66 Gas, Anytime Fitness, Casey's and More. Proximity to Multiple Housing Developments Surrounded by Undeveloped Commercial Land. • PROXIMITY TO KANSAS CITY METRO AREA: Pleasant Hill is 30 miles Southeast of Kansas City and Part of the Kansas City Metropolitan Area. Its 14 Counties Straddle the Border Between Missouri and Kansas. Kansas City is the Second Largest Metropolitan Area in Missouri and is the Largest in Kansas With a Population of Over 2.2 Million. • STABLE DEMOGRAPHICS: The Population Exceeds 16,250 Within Five Miles and is Projected to Grow by 2030. Average Household Incomes of $119,600 Within One Mile.

Market Context

This retail in Pleasant Hill, MO is listed for sale. It is offered at an approximate 6.6% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Pleasant Hill, MO — view the full market.

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