Absolute NNN Retail
For Sale
Contact for pricing
3130 Highway T, Foristell, MO 63348
Dollar General guaranty backs a 15-year absolute NNN lease with construction scheduled to begin June 2026.
Property Size9,100 SF
Lot Size1.71 Acres
Price / SF$226.88
Days on Market66
Property Features for 3130 Highway T
General Information
Standard status
Active
Size
9,100 SF
Lot size
1.71 Acres
Property subtype
RETAIL
Additional Details
Cap Rate
6.83%
Listing Agency:
Cissell Mueller Company
(636) 262-0929
Listed By:
Robert D Cissell · License #1999024539
(636) 262-0929
Source:
Moodyscre
Added: Jun 1
Changed: Jul 27
Last Checked: Aug 4 at 10:06AM
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 Cissell Mueller Company
Investment Insights
Based on property information with market context.
This for-sale absolute NNN retail store is listed as a 9,100 SF building on a 1.71 AC site, with construction scheduled to begin June 2026. The remaining lease term is 15 years, structured as an absolute NNN lease with three, 5-year options and 5% rent increases every 5 years. The guarantor is Dollar General Corporation, and the provided NOI is $104,949.96.
The property is located at 3130 Highway T, Foristell, MO 63348. An additional land parcel is noted as 2.56 +/- AC and cannot be divided from the Dollar General. The land details indicate no cross access and a separate dedicated curb-cut from Dollar General.
The building is listed at $1,614,615, and the additional land is listed at $450,000, for a total portfolio price of $2,064,615.
The property is located at 3130 Highway T, Foristell, MO 63348. An additional land parcel is noted as 2.56 +/- AC and cannot be divided from the Dollar General. The land details indicate no cross access and a separate dedicated curb-cut from Dollar General.
The building is listed at $1,614,615, and the additional land is listed at $450,000, for a total portfolio price of $2,064,615.
Key Highlights
- 9,100 SF building on 1.71 AC site with construction scheduled to begin June 2026
- 15‑year absolute NNN lease with Dollar General Corporation as guarantor
- Remaining lease term: 15 years; includes three 5‑year options
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $231.5k | $25.44 |
| − Vacancy | −$10.4k | −$1.14 |
| EGI | $221.1k | $24.30 |
| − OpEx | −$55.3k | −$6.07 |
| NOI | $165.8k | $18.22 |
9,100 SF · lease $25.44/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.37M
$2.07M – $2.76M
NOI $165,815 @ 7.0% cap · market cap 8.03%
Second Best
Retail
$1.80M
$1.57M – $2.09M
NOI $125,690 @ 7.0% cap · market cap 6.09%
Theoretical Best
Warehouse
$2.41M
$2.11M – $2.81M
NOI $168,588 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63348, MO
10,051
Population
4,018
Households
2.5
Avg Household Size
38
Median Age
32%
College-Educated
94%
High-School Grad
55.9 sq mi
ZIP Area
180
Density / Sq Mi
$106,458
Median Household Income
$50,204
Median Earnings
$1,602
Median Rent
$364,900
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?
Grocery and convenience store - Dollar General guaranty backs a 15-year absolute NNN lease with construction scheduled to begin June 2026.
Where is this grocery and convenience store located?
The property is located at 3130 Highway T Foristell, MO.
What is the asking price?
The asking price for this property is $2,064,615.
What are key features of this property?
This property features: 9,100 SF building on 1.71 AC site with construction scheduled to begin June 2026; 15‑year absolute NNN lease with Dollar General Corporation as guarantor; Remaining lease term: 15 years; includes three 5‑year options
