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Single-Tenant Absolute NNN Property
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402 South Highway 19, Owensville, MO 65588

Newly constructed retail asset leased to Dollar General under an absolute triple-net structure with no landlord responsibilities.

Property SizeContact for details
Days on Market145

Property Features for 402 South Highway 19

General Information

Standard status Active
Property subtype Retail
Listing Agency: The Boulder Group
Listed By: Randy Blankstein · License #IL 471005983
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 4:18AM

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 The Boulder Group

Investment Insights

Based on property information with market context.

This single-tenant NNN property contains a 9,026-square-foot Dollar General store constructed in 2016. The building represents a relocation of a previously successful Dollar General location and is subject to an absolute triple-net lease, placing no landlord responsibilities on ownership.

The lease has approximately 15 years remaining and runs through April 30, 2031. Five renewal option periods include 10% rent escalations, and the tenant carries an S&P rating of BBB. The property is positioned along US Route 19, identified as the trade area's primary north-south thoroughfare.

Key Highlights

  • 9,026‑square‑foot Dollar General store constructed in 2016
  • Absolute triple‑net lease with no landlord responsibilities
  • Approximately 15 years remaining; lease expires April 30, 2031

Property Analytics

Current Use

Grocery and convenience stores

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 65588, MO

2,202
Population
1,003
Households
2.2
Avg Household Size
45
Median Age
14%
College-Educated
84%
High-School Grad
230.4 sq mi
ZIP Area
10
Density / Sq Mi
$46,500
Median Household Income
$27,403
Median Earnings
$543
Median Rent
$155,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Newly constructed retail asset leased to Dollar General under an absolute triple-net structure with no landlord responsibilities.
Where is this nnn property located?
The property is located at 402 South Highway 19 Owensville, MO.
What are key features of this property?
This property features: 9,026‑square‑foot Dollar General store constructed in 2016; Absolute triple‑net lease with no landlord responsibilities; Approximately 15 years remaining; lease expires April 30, 2031
(847) 562-0003 Call to check price and availability
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