1283 State Hwy Wright City, MO 63390
This exceptional investment opportunity presents a brand-new, 12,668-square-foot Dollar General Market in Wright City, Missouri, situated within the St. Louis MSA. The property boasts a 15-year absolute triple-net (NNN) lease with a prominent location on a 4.3-acre parcel at the hard corner of Highway J and Schemmer Road, approximately three miles north of Interstate 70. The lease includes 5% rent bumps every five years, ensuring consistent income growth. With a strong 6.65% cap rate and a substantial net operating income (NOI) of $142,975, this asset offers significant returns. The affluent surrounding area features an average annual household income of $118,000 within a three-mile radius, and over 15,000 residents live within five miles. Built in 2024, this larger-prototype Dollar General store benefits from the company's investment-grade rating (S&P: BBB) and its continued expansion plans, including over 730 new store openings in 2024. The property is offered at $2,150,000 ($169.72/sq ft) and is suitable for a 1031 exchange. Three five-year lease options provide long-term stability and growth potential. This is a rare opportunity to acquire a high-performing, low-maintenance asset in a rapidly growing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.