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25568 Mo-5 Gravois Mills, MO 65037

For Sale
$1,199,000

High-Yield Retail Investment Opportunity

Property size:
9,100 SF

Description

Added:
Dec 11, 2024
Days on Market:
362
This 9,100 sq ft. Dollar General store, built in 2017, is located in Gravois Mills, MO, on Highway 5, directly across from Lake of the Ozarks. The property sits on a 4.42-acre lot and boasts a strong 6.56% cap rate with a NOI of $78,698. The single-tenant, absolute triple-net lease with Dollar General (NYSE: DG) has 8 years remaining, plus three 5-year renewal options with 10% rent escalations. The property underwent a major renovation in the fall of 2023. This investment offers limited landlord responsibilities, stable returns, and significant capital growth potential, benefiting from the high tourist traffic to the Lake of the Ozarks, a major regional destination attracting millions of visitors annually. The asking price is $1,199,000, translating to $131.76 per square foot. The property's prime location and strong tenant ensure a secure and profitable investment. This turnkey opportunity is ideal for investors seeking low-maintenance, high-return assets. The lease's structure and Dollar General's investment-grade credit rating provide exceptional financial stability.

Property Features for 25568 Mo-5

General Information

Property type
Individual retail properties
Square Feet
9,100 SF
Lot Size
192,535 SF

Building Details

Year Built
2017

HighLights

  • 9,100 SF Dollar General store built in 2017, recently renovated (Fall 2023).
  • Located on Highway 5 in Gravois Mills, MO, across from Lake of the Ozarks.
  • 4.42‑acre lot with strong 6.56% cap rate and $78,698 NOI.
  • Absolute triple‑net lease with Dollar General (NYSE: DG) with 8 years remaining plus three 5‑year options with 10% rent escalations.
  • Asking price: $1,199,000 ($131.76/SF).
Property Profile Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Map

City
Gravois Mills
County
Morgan
State
Missouri
Longitude
-92.824914
Latitude
38.313511

FAQs

What type of property is this?
Individual retail property - High-Yield Retail Investment Opportunity
Where is this individual retail property located?
The property is located at 25568 Mo-5 Gravois Mills, MO.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 9,100 SF Dollar General store built in 2017, recently renovated (Fall 2023).; Located on Highway 5 in Gravois Mills, MO, across from Lake of the Ozarks.; 4.42-acre lot with strong 6.56% cap rate and $78,698 NOI.
More about this property
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