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8634 Old State Route 21
Hillsboro, MO 63050

$1,310,871 USD

Freestanding For Sale  •  9,100 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,100 SF
  • Lot Size 1.72 AC
  • Building Class C
  • Year Built 1965
  • Tenancy Single
  • Zoning CC-2
0 Transit Score
7 Walk Score

Highlights

Absolute NNN Lease with ±5.5 Years Remaining and Zero Landlord Responsibilities.
Investment-Grade Corporate Guarantee by Dollar General (S&P: BBB).
Attractive 8.15% Cap Rate with $106,837 Annual NOI and Passive Ownership.
Modern 8,000 SF Built-to-Suit Construction Completed in 2015.
Located in a Strong Trade Area with Limited Retail Competition.
Three Five-Year Renewal Options Each Featuring 10% Rental Increases.

Public Transportation

AirportDriveWalkDistance
St Louis Lambert International 56 min - 40.3 mi
Brett Beers 424-261-7308 Matthews Real Estate Investment Services
Brett Beers 424-261-7308 Matthews Real Estate Investment Services