1615 S Baltimore St Kirksville, MO 63501

This exceptional investment opportunity presents a freestanding Dollar General store located at 1615 S Baltimore St, Kirksville, MO 63501. Built in 2015, this 3,333 square foot property sits on commercially zoned land and boasts a strong 7.50% cap rate, generating a net operating income (NOI) of $90,000. The property is currently 100% occupied under a triple-net (NNN) lease with Dollar General, offering minimal landlord responsibilities. The lease commenced October 21, 2010, and expires September 29, 2030, with a remaining term of approximately 5.9 years. The lease includes four (4) five (5) year renewal options, with rent bumps at each option period. The asking price is $1,200,000, translating to $36 per square foot. This prime location benefits from its proximity to Truman State University, A.T. Stills University, and Moberly Area Community College, ensuring a consistent customer base. Dollar General's early exercise of a lease option underscores the strength and profitability of this location. This is a rare opportunity to acquire a stable, high-performing retail investment in a desirable Missouri market. The land value also reflects a $36 per square foot price. This is an absolute net lease investment.