607 23 Hwy, Knob Noster, MO 65336
9,146 SF | Retail Building | Knob Noster, MO 65336 | $1,200,000 ($131/SF) | 6.84% Cap Rate
For Sale
Active
Asking Price $1,200,000
- Property Type
-
Retail
- Square Feet
- 9,146 SF
- Price / Square Foot
- $131
Listing Contacts
Jon England CCIM, SEC
Daniel Miller
- Property Info
Property Overview
607 NE 23 Highway (“the Property”), located in Knob Noster, Missouri, is a 2010 built standalone retail building. The Property offers a high-quality building leased by Dollar General for 6.58 years with five different 5-year lease renewal options. This rare investment opportunity is comprised of a ±9,146 SF building on 1.40 acres of land. With rent bumps every five years and landlord responsibilities limited to the roof and structure, the Property is a solid investment.
Located on 23 Highway and just North of 50 Highway, the Property is on a highly trafficked highway with easy access. The property is set to serve a variety of customers being in close proximity to Whiteman Air Force Base and one of a few grocery stores and the only discount store in the city of Knob Noster.
Located on 23 Highway and just North of 50 Highway, the Property is on a highly trafficked highway with easy access. The property is set to serve a variety of customers being in close proximity to Whiteman Air Force Base and one of a few grocery stores and the only discount store in the city of Knob Noster.
Property Details
- Class
- C
- Year Built
- 2010
- Stories
- 1
- Lot Size (sq. ft)
- 56,192 SF
Highlights
- Blue-Chip Tenant: Dollar General is known as America’s neighborhood general store with more than 20,000 convenient locations in 48 states.
- Prime Location: The property is strategically situated on 23 Hwy and 50 Hwy, ensuring high visibility and easy access.
- Long-Term Lease: Dollar General has signed a long-term lease agreement which provides consistent rental income over an extended period of time.
- Minimal Landlord Responsibilities: Dollar General takes care of the majority of maintenance, making this investment hassle-free for landlords.
- Brand Visibility: Dollar General draws customers with value and convenience ensuring a steady flow of visitors and potential sales growth.
- Resilience and Recession Proof: Dollar General has proven its resilience during economic downturns, making it a reliable investment even in uncertain
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].