Dollar General NNN Retail
For Sale
Contact for pricing
Pending
11488 State Rd C, Hillsboro, MO 63050
Newer single-tenant retail asset with an absolute NNN lease and corporate guaranty.
Property Size9,002 SF
Days on Market142
Property Features for 11488 State Rd C
General Information
Standard status
Pending
Size
9,002 SF
Property subtype
Retail
Net Operating Income
$85,500
Site & Location
Corner Location
Yes
Traffic Count
3,583 vehicles/day
Additional Details
Cap Rate
5.35%
Building Details
Year Built
2021
Buildings
1
Tenancy
Single
Listing Agency:
Fortis Net Lease
Listed By:
Kyle Carson · License #MI 6501384480
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 5:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortis Net Lease
Investment Insights
Based on property information with market context.
This 9,002-square-foot Dollar General store was built in 2021 and is currently operating under a 15-year absolute NNN lease. The structure places landlord responsibilities with the tenant and includes five-year renewal options with 10% rent increases. Dollar General Corporation provides the lease guaranty and carries a BBB investment-grade credit rating.
The store occupies a corner position at State Highway C and State Highway Y, where the intersection records 3,583 cars per day. The property is in Ware, Missouri, with a reported ten-mile population of 40,965 and three-mile average household income of $74,694. Rent commenced on May 13, 2021, and the offering includes fee simple ownership. The stated cap rate is 5.35%.
The store occupies a corner position at State Highway C and State Highway Y, where the intersection records 3,583 cars per day. The property is in Ware, Missouri, with a reported ten-mile population of 40,965 and three-mile average household income of $74,694. Rent commenced on May 13, 2021, and the offering includes fee simple ownership. The stated cap rate is 5.35%.
Key Highlights
- 9,002‑square‑foot Dollar General store built in 2021
- 15‑year absolute NNN lease with five‑year renewal options
- 10% rent increases apply to each renewal option
Property Analytics
Current Use
Lease Details
3,583 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
3,079 visits/mo
0.3 miles
Demographics for 63050, MO
16,874
Population
7,089
Households
2.4
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
91.9 sq mi
ZIP Area
184
Density / Sq Mi
$79,462
Median Household Income
$44,805
Median Earnings
$1,000
Median Rent
$255,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Newer single-tenant retail asset with an absolute NNN lease and corporate guaranty.
Where is this nnn property located?
The property is located at 11488 State Rd C Hillsboro, MO.
What are key features of this property?
This property features: 9,002‑square‑foot Dollar General store built in 2021; 15‑year absolute NNN lease with five‑year renewal options; 10% rent increases apply to each renewal option
