Current Use by Public Records
- Retail properties & Spaces
Property Details for H Cor Of Hwy
- Property type
- Retail properties & Spaces
- Property subtype
- Grocery and convenience stores
Description
This exceptional 12,668 square foot convenience store, located on the corner of Highway H in Leasburg, Missouri (zip code 65535), presents a lucrative investment opportunity. The property is a brand new Dollar General Market operating under a triple-net (NNN) lease, ensuring minimal landlord responsibilities. The asking price is $2,164,909, offering a compelling 6.60% cap rate. The lease includes built-in rent bumps of 5% every five years during the primary term, promising significant return on investment. This investment is further secured by a full corporate Dollar General guaranty, eliminating landlord expense concerns. The property benefits from limited competition and a strategic location in Crawford County, Missouri. The projected return allows for a recapture of 105% of the initial investment within the primary lease term. This is a rare chance to acquire a newly opened, high-performing retail asset with exceptional long-term growth potential. The property's prime highway location ensures high visibility and accessibility, contributing to its strong performance and future prospects. This is a turnkey investment with minimal management requirements and substantial upside potential.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Leasburg
- County
- Crawford
- State
- Missouri
- Longitude
- -91.2704
- Latitude
- 38.0829
