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1 Mo-6 Green City, MO 63545

OFF-MARKET Retail properties & Spaces Google Maps
10,640 SF 1.41 ac lot Built 2023
Estimated value
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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

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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