103 25th St, Bethany, MO 64424-1317

Property Details for 103 25th St

Year built

2016

Lot size

1.85 lot acres

Property type

Retail space

APN

1920104-15-1

APU

1920104151

Description

This exceptional investment opportunity presents a fee-simple ownership of a 9,002 square-foot Dollar General store located at 103 N 25th St, Bethany, MO 64424. The property boasts a strong 7.70% cap rate and a substantial net operating income (NOI) of $84,406. The absolute NNN lease, with a remaining term of 6.3 years (expiring February 27, 2031), includes five, five-year options with 10% rent bumps each. The tenant is responsible for all property expenses, including taxes, insurance, and common area maintenance. This strategically located store sits on a 0.97-acre lot at a hard corner intersection experiencing over 17,000 vehicles per day (VPD). The property benefits from a strong demographic profile, with an average household income exceeding $48,000 within a one-mile radius and over 1,500 households within a five-mile radius. Nearby amenities include the Harrison County Community Hospital, the Northwest Missouri State Fairgrounds (attracting over 20,000 attendees annually), and proximity to US-35 (over 12,000 VPD). The location is further enhanced by its proximity to other national retailers such as Walmart, Dollar Tree, and Hy-Vee, solidifying its position within a thriving retail corridor. The nearest competing Dollar General is 17 miles away, underscoring this location's dominance in the area. This property offers a secure, passive income stream with significant upside potential. The asking price is $1,096,192, translating to a price per square foot of $121.77. The property's build-to-suit construction in 2016 ensures modern facilities and operational efficiency.

Location Insight

City

Bethany

County

Harrison

State

Missouri

Longitude

-94.028

Latitude

40.2692

Property Tax & Assessments