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33987 Highway 210 Orrick, MO 64077

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For Sale
$1,607,512

New construction Dollar General in Orrick, MO with 15-year lease.

Building Details

Year built
2023

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Listing Contact
Tyler Tollefson
Source: Legacycrea

Listing Agent: Tyler Tollefson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

New Dollar General For Sale

This is a new construction, single-tenant, freestanding 9,100 square foot Dollar General located in Orrick, Missouri, within the Kansas City MSA, which is ranked #31 in the U.S. The property features a long-term, 15-year absolute NNN lease with four 5-year option periods to extend, each featuring 5% rental increases. The lease structure provides zero landlord responsibilities. Dollar General is considered an essential retailer, resistant to internet sales, pandemics, and recessions. The tenant boasts 33 consecutive quarters of same-store sales growth, with 2021 revenues topping $34 billion and a net income of $2.4 billion. Dollar General holds an investment-grade credit rating of "BBB" with S&P and has a positive/stable outlook. The store count increases year over year, further strengthening the corporate guaranty. The property is a 20-minute drive to Lexington Municipal Airport.
Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Restaurant Building Supply Auto Repair Shop Food Market Grocery & Convenience Store Grocery & Convenience Store Parking Lot & Garage

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Orrick
County
Ray
State
Missouri
Longitude
-94.137074
Latitude
39.221361

FAQs

What type of property is this?
Grocery and convenience store - New construction Dollar General in Orrick, MO with 15-year lease.
Where is this grocery and convenience store located?
The property is located at 33987 Highway 210 Orrick, MO.
What is the asking price?
The asking price for this property is $1,607,512.
What are key features of this property?
This property features: - Long term 15 year absolute NNN lease with (4) 5 year option periods.; - Investment grade credit rating of 'BBB' with S&P.; - **New construction freestanding 9,100 square foot Dollar General.**
More about this property
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