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27415506
27415507

4163 MO-101, Bakersfield, MO 65609

R.B. Murray Company
Listed by R.B. Murray Company
$1,120,000
266 days on market
Updated 14 days ago

Investment Opportunity | 4163 Missouri Hwy 101

Details
Property Type Retail
Sub Type Convenience Store
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Expiration 08/04/2033
Year Built 2018
Buildings 1
Stories 1
Acreage 1.860
Investment Type Net Lease

Investment Opportunity

Marketing description

Price reduced over $100,000. Introducing a prime investment opportunity in Bakersfield, Missouri. This Dollar General property was built in 2018 and features a long term lease offering a secure and steady income for years to come. Leased through August 2033. Backed by Dollar General Corporation with over 19,000 locations nationwide, this is a high-quality investment opportunity with NNN structure and fixed rental growth. Dollar General is a staple in rural communities, offering dependable traffic and stable sales. The property is built to Dollar General's latest prototype and maintained to corporate standards. The property boasts a strategic highway location along State Hwy 101 in Bakersfield, MO, a vital corridor for local and regional traffic. Contact listing agent for more information.

INVESTMENT HIGHLIGHTS

High-Quality Tenant: Backed by Dollar General Corporation with over 19,000 locations nationwide.

Absolute NNN Lease: Zero landlord responsibilities. Tenant responsible for taxes, insurance, maintenance, and repairs.

Fixed Rental Growth: Scheduled increases through each renewal option, boosting long-term yield.

Rural Market Strength: Dollar General is a staple in rural communities, offering dependable traffic and stable sales.

Newer Construction: Built to Dollar General's latest prototype and maintained to corporate standards.

Limited Competition: Protected by an exclusive use clause, preventing similar retailers nearby.

Essential Retailer: Recession-resistant tenancy in a market Dollar General continues to dominate.

Investment highlights

Tenant: Dollar General (NYSE: DG)

Lease Type: Absolute Triple-Net (NNN)

Lease Term: 15 Years (Commenced August 5, 2018)

Lease Expiration: August 4, 2033

Renewal Options: Five (5) 5-year options with 10% rental increases each term

Monthly Rent: $6,643.25

Annual Rent: $79,719.00

Listing Contacts

R.B. Murray Company
Listed by R.B. Murray Company

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