503 Newton St Versailles, MO 65084-1067
This exceptional investment opportunity presents a freestanding Dollar Tree store in Versailles, MO, built in 2017, boasting 8,800 square feet on a 1.47-acre lot. The property benefits from a strong location on W Newton St, experiencing over 10,000 vehicles per day, and is conveniently situated near Jacob's Cave and numerous national retailers including Walmart, O'Reilly Auto Parts, and more. The property features a Net Net + lease with a remaining term of 3 years and a 10-year initial lease term expiring October 27, 2027, including rent bumps. The lease provides minimal landlord responsibilities, with scheduled rent increases: Option 1 at $0.25 per square foot and Options 2-4 at $0.50 per square foot. The asking price is $980,571, representing a compelling 8.75% cap rate and a NOI of $85,800. The property's essential retail nature, coupled with the strength of the Dollar Tree brand (ranked #137 on the Fortune 500 list), makes it a resilient investment, resistant to economic downturns. Recent improvements include a $35,000 roof replacement last year. The lease includes four 5-year renewal options. This is an ideal opportunity for investors seeking a stable, high-yielding asset in a thriving market.
-
Dollar Tree Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.