728 State Highway H Miner, MO 63801
This exceptional investment opportunity presents a brand-new, 10,640-square-foot Dollar General Plus store in Miner, Missouri. Boasting a 15-year absolute NNN lease commencing December 4, 2023, this property offers significant long-term stability with built-in 5% rental increases every five years. The property features an upgraded partial brick design on an oversized lot, and enjoys a prime location along State Hwy H, benefiting from high visibility and significant daily traffic. The tenant, Dollar General, is an investment-grade credit tenant (S&P rating 'BBB'), the nation's largest retailer with over 20,000 stores. The strategic location in Scott County, centrally positioned between St. Louis and Memphis, provides access to a strong daytime population exceeding 12,500 employees within the primary trade area. Proximity to major transportation arteries (I-55), the Missouri Delta Medical Center, numerous schools, and popular national forests further enhances the property's value and appeal. The asking price is $1,770,000, representing a compelling 7.15% cap rate and a price per square foot of $166.35. The property's strong tenant, favorable lease terms, and strategic location make it an ideal addition to any investment portfolio. The lease includes four, 5-year renewal options. The Net Operating Income (NOI) is $126,552. The property was built in 2023 and has 100% occupancy.
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Dollar General Discount Store
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
Similar Nearby for Sale
Similar Nearby for Lease
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.