Property History
Fortis Net Lease is pleased to present this 9,014 SF Dollar General store located in Leadwood, Missouri. The original 10 year lease was amended in 2016 to establish an Extended Term of 5 years starting on December, 1, 2019. This 5 year double net lease will expire on November 30, 2024. There are three, five (5) year options to renew, each with rental increases. The lease has a corporate guarantee from Dollar General which has a “BBB” S&P rating and is considered an investment grade tenant.
The subject property is strategically situated on the corner of Hunt Street and Highway 8 (12,851 VPD). This Dollar General store is the go to place for discount shopping, not only for the community of Leadwood but for the many communities along highway 8. This Dollar General store is the only dollar store within a 6 mile radius. This is an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a Dollar General store.
- NN Lease
- Corporately Guaranteed Lease
- Three, Five (5) Year Options
- Rent Increases at Each Option
- Minimal Landlord Responsibilities
- The Only Discount/Dollar Store Within 6 Miles
- Located Right Off Highway MO-8 with 12,851 VPD
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
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