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    OFF-MARKET
    Retail properties & Spaces

    1 Mo-6, Green City, MO 63545

    10,640 SF 1.41 ac lot Built 2023
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a brand-new, 10,640-square-foot Dollar General store in Green City, Missouri. Located at 1 MO-6, 63545, this single-story, freestanding building sits on a 1.41-acre lot and boasts a 15-year absolute NNN lease commencing May 1, 2024. The lease includes attractive 5% rent increases every five years, ensuring consistent income growth. The property's current annual net operating income (NOI) is $109,351, yielding a 6.70% cap rate based on the asking price of $1,632,105. A recent March 9, 2024 appraisal valued the property at $1,800,000. The property is zoned commercial and was built in 2023. This is a turnkey investment with a strong tenant and a secure long-term lease, making it an ideal addition to any portfolio. The property is currently open for business. The price per square foot is $153.39. This represents a compelling opportunity for investors seeking stable, passive income with significant upside potential. The property is situated in Sullivan County.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2023
    Total area 10,640 SF
    Lot 1.41 ac (61,420 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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