For Sale
$1,199,000

25568 Mo-5 Gravois Mills, MO 65037

High-Yield Retail Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
132
This 9,100 sq ft. Dollar General store, built in 2017, is located in Gravois Mills, MO, on Highway 5, directly across from Lake of the Ozarks. The property sits on a 4.42-acre lot and boasts a strong 6.56% cap rate with a NOI of $78,698. The single-tenant, absolute triple-net lease with Dollar General (NYSE: DG) has 8 years remaining, plus three 5-year renewal options with 10% rent escalations. The property underwent a major renovation in the fall of 2023. This investment offers limited landlord responsibilities, stable returns, and significant capital growth potential, benefiting from the high tourist traffic to the Lake of the Ozarks, a major regional destination attracting millions of visitors annually. The asking price is $1,199,000, translating to $131.76 per square foot. The property's prime location and strong tenant ensure a secure and profitable investment. This turnkey opportunity is ideal for investors seeking low-maintenance, high-return assets. The lease's structure and Dollar General's investment-grade credit rating provide exceptional financial stability.

Highlights

  • 9,100 SF Dollar General store built in 2017, recently renovated (Fall 2023).
  • Located on Highway 5 in Gravois Mills, MO, across from Lake of the Ozarks.
  • 4.42-acre lot with strong 6.56% cap rate and $78,698 NOI.
  • Absolute triple-net lease with Dollar General (NYSE: DG) with 8 years remaining plus three 5-year options with 10% rent escalations.
  • Asking price: $1,199,000 ($131.76/SF).

Property Details for 25568 Mo-5

Property type
Retail properties, Grocery and convenience stores
Square Feet
9,100 SF
Year Built
2017
Lot Size (sq. ft)
192,535 SF

Location Insight

City
Gravois Mills
County
Morgan
State
Missouri
Latitude
38.313511
Longitude
-92.824914

FAQs

What type of property is this?
Retail property - High-Yield Retail Investment Opportunity
Where is the retail property located?
The property is located at 25568 Mo-5 Gravois Mills, MO.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 9,100 SF Dollar General store built in 2017, recently renovated (Fall 2023).; Located on Highway 5 in Gravois Mills, MO, across from Lake of the Ozarks.; 4.42-acre lot with strong 6.56% cap rate and $78,698 NOI.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
25568 Mo-5
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message