Lake Of The Ozarks Dollar General

9,026 SF | Retail Building | Camdenton, MO 65020 | $1,198,629 ($133/SF) | 7% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,198,629

Sale Condition
1031 Exchange
Property Type
Retail, Restaurant
Square Feet
9,026 SF
Price / Square Foot
$133

Listing Contacts

Andrew Vu
Andrew Vu
Verified Profile
  • Property Info

Property Overview

TOUCHSTONE COMMERCIAL PARTNERS is pleased to present a single tenant Dollar General Store in Camdenton, Missouri. This building was built in 2020 and the lease runs through April 2035, with four 5-year renewal options and 10% rent increase at each option. The lease is guaranteed by Dollar General Corporation, a stalwart in the retail industry with over 20,000 stores nationwide and holds a stellar S&P BBB investment-grade rating.
Camdenton, MO, is strategically located near the expansive 54,000 acres Lake of the Ozarks, drawing over 5 million visitors annually and serving as a vibrant hub for both economic activity and outdoor recreation. The property is just outside the Camdenton Memorial Lake Regional Airport, facilitating the passerby traffic traversing throughout the region. Additionally, the $350 million Oasis at Lakeport, slated to open in Summer 2025, will offer year-round resort and entertainment complex featuring 25 acres of amusement rides, an indoor waterpark, over 50 restaurants, and new resorts and hotels.
The universal appeal of Lake of the Ozarks has also driven a thriving real estate market, with robust demand for both residential and vacation properties and significantly bolstering the county’s economic activities.
Broker of Record, Bang Realty-Missouri, Inc. Lic #2017032770

Property Details

Year Built
2020
Stories
1
Property Subtype
Grocery/Convenience Store, Drug Store
Lot Size (sq. ft)
60,984 SF

Highlights

  • LONG-TERM ABSOLUTE NNN LEASE: 10.7+ Years Remaining. 20 Years Renewal Options. Rent Increases Throughout
  • LAKE OF THE OZARKS REGION: 1,150 Miles Of Shoreline, Over 5 To 10 Million Visitors
  • THRIVING REAL ESTATE MARKET: Robust Demand For Commercial, Residential and Vacation Properties In Region
  • $350 MILLION OASIS LAKEPORT DEVELOPMENT: Year-Round Resort & Entertainment Complex. Opening Summer 2025
  • NATIONAL INVESTMENT-GRADE TENANT [NYSE:DG]: #108 Fortune 500 Companies. $37B Revenue. S&P Investment Grade BBB

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