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Dollar General NNN Retail Property
New
For Sale
$564,000

220 N Madison St, Raymore, MO 64083

The store operates under a double-net lease renewed through March 2031.

Property Size8,000 SF
Lot Size0.96 Acres
Price / SF$70.50
Days on Market3

Property Features for 220 N Madison St

General Information

Standard status Active
Size 8,000 SF
Lot size 0.96 Acres
Property subtype Discount
Lease Type NN

Additional Details

Traffic Count 10,692 vehicles/day

Amenities

Recent Five-Year Lease Extension Through March 2031 | Four Lease Extensions to Date
Double Net Lease With Minimal Landlord Responsibility
Raymore Population Up 139 Percent Since 2000
Affluent Trade Area | $107,335 Average Household Income (5-Mile Radius)
Access and Visibility on North Madison Street (10,692 VPD)
Adjacent 0.53-Acre Parcel Available to the Buyer at a Discounted Package Price
Recent Development in the Area Includes the Raymore Commerce Center | Approximately 2.5 Miles From the Property
Kansas City MSA | 2.2 Million Residents

Building Details

Building Size 8,000 SF
Tenancy Single
Listed By: Vince Knipp · License #License(s): TX: 0579633
Source: Marcusmillichap
Added: Oct 11 Last Checked: Oct 12 at 4:44PM

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 Vince Knipp

Investment Insights

Based on property information with market context.

This 8,000-square-foot Dollar General occupies a 0.96-acre site in Raymore, Missouri. The retailer has operated at the location since 1999 and exercised a five-year renewal option, extending the double-net lease through March 2031. The renewal marks the fourth lease extension.

The property fronts North Madison Street, which carries 10,692 vehicles per day. An adjacent 0.53-acre parcel is also available to the buyer.

Key Highlights

  • 8,000‑square‑foot Dollar General on 0.96 acres
  • Double‑net lease extended through March 2031 with a five‑year renewal option
  • Dollar General has operated at the site since 1999; this is its fourth lease extension

Property Analytics

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Current Use

Dollar General Discount Store Western Union Bank

Suggested Use

Top Pick Restaurant Building Supply Kitchen & Bath Showroom HVAC Service Skin Care Clinic Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10,692 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

413
Businesses Nearby
34k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 70% Dining 30%
Casey's General Store Shops & Services
10,570 visits/mo 0.1 miles
SONIC Drive In Dining
10,202 visits/mo 0.2 miles
Dollar General Shops & Services
7,593 visits/mo 0.1 miles
Conoco Shops & Services
3,058 visits/mo 0.1 miles
O'Reilly Auto Parts Shops & Services
2,704 visits/mo 0.1 miles

Demographics for 64083, MO

24,945
Population
10,058
Households
2.5
Avg Household Size
40
Median Age
37%
College-Educated
95%
High-School Grad
25.7 sq mi
ZIP Area
971
Density / Sq Mi
$99,575
Median Household Income
$53,042
Median Earnings
$1,262
Median Rent
$316,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - The store operates under a double-net lease renewed through March 2031.
Where is this nnn property located?
The property is located at 220 N Madison St Raymore, MO.
What is the asking price?
The asking price for this property is $564,000.
What are key features of this property?
This property features: 8,000‑square‑foot Dollar General on 0.96 acres; Double‑net lease extended through March 2031 with a five‑year renewal option; Dollar General has operated at the site since 1999; this is its fourth lease extension
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