905 Us Highway 54, Vandalia, MO 63382

12,688 SF | Retail Building | Vandalia, MO 63382 | $1,707,000 ($135/SF) | 6.90% Cap Rate

Asking Price $1,707,000

Sale Condition: 1031 Exchange
Property Type: Retail
Square Feet: 12,688 SF
Price / Square Foot: $135

Listing Contacts

Zach Wright

Verified Profile

Brandon Wright

Verified Profile

Property Info

Property Overview

The Boulder Group is pleased to exclusively market for sale a new construction Dollar General Market in Vandalia, MO. The Dollar General Market is positioned along U.S. 54 and adjacent to the Women’s Eastern Reception, Diagnostic and Correctional Center, with 200 employees and 2,000 inmates. This helps provide the Vandalia community with economic stability and long-term viability. The property is approximately 1.5 hours from St. Louis Lambert International Airport.
This new construction Dollar General Market store features the larger and highly coveted 12,668 SF prototype. The store carries additional grocery items such as fresh produce, refrigerated and frozen food offerings, dairy products, and more. The 15-year lease features zero landlord responsibilities.
Dollar General is an investment grade rated company (S&P: BBB). Dollar General is planning to open 800+ stores in 2024 and continues to experience same-store sales growth.
Listed in association with David Elkan of Westmore Group Inc. MO License No. 2006016265

Property Details

Year Built: 2023
Stories: 1
Property Subtype: Freestanding
Lot Size (sq. ft): 84,071 SF

Highlights

Dollar General Market property featuring the larger and highly desired 12,668 SF prototype carrying additional grocery items such as fresh produce, re
Long-term lease with 14 years remaining on absolute triple net lease (no landlord responsibilities)
Rare low overall rent for a newly constructed Dollar General Market
Surrounding area features many retailers including O’Reilly Auto Parts, Ace Hardware, County Market, Dairy Queen, Subway, Central Bank, Family Dollar,
Property features an upgraded construction with a partial brick front
Immediate proximity to Women’s Eastern Reception, Diagnostic and Correctional Center, providing economic stability and long-term viability to Vandalia

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