14675 US-65
Mercer, MO 64661
Dollar General
| Offering Summary | |||
|---|---|---|---|
| Price | $1,953,000 | Cap Rate | 6.50% |
| NOI | $127,000.00 | Rentable SF | 9,100 SF |
| Lot Size | 2.50 +/- Acres | Year Built | 2025 |
| Lease Type | Absolute NNN | Lease Term | Fee Simple |
Investment Highlights
- Brand New 2025 Construction
- 15-Year Absolute NNN Lease with 5% Rental Increases Every 5 Years and (4) Five-Year Option Periods
- Strong Corporate Guarantee from Dollar General (NYSE: DG), Investment-Grade Tenant (S&P: BBB)
- Limited Competition — Nearest Dollar General Located 8.5 Miles in Princeton, MO, While the Closest Family Dollar is 31.3 Miles in Lamoni, IA, Providing a Strong Trade Area With Minimal Discount Retail Presence
- Rare “Low Rent” Dollar General – This Property Ranks in the Top 20% Nationwide for Lowest Rent Among New Construction Dollar General Assets
- Strong Regional Positioning — Located in Northern Misso
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
[email protected]