Dollar General

607 NE 23 Hwy, Knob Noster, MO 65336

  • For Sale $1,200,000
  • Property Type Retail - Freestanding
  • Property Size 9,146 SF
  • Units 1
  • Lot Size 1.4 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 2010
  • Date Updated Oct 20, 2024
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 with 6+ years remaining and five 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.

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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.
  • Stable Income: With a cap rate of 6.84%, this investment offers a stable and attractive income stream.
  • Long-Term Lease: Dollar General has signed a longterm 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.
  • Resilience and Recession Proof: Dollar General has proven its resilience during economic downturns, making it a reliable investment even in uncertain times.
  • Strong Market Fundamentals: The city of Knob Noster boasts a strong job market with its proximity to Whiteman Air Force Base and Warrensburg, MO.
  • Brand Visibility: Dollar General draws customers with value and convenience ensuring a steady flow of visitors and potential sales growth.

Contacts

broker

Jon England, CCIM, SEC

NAI Heartland

Location

Getting Around

  • Walk Score ®

    27/100 Car-Dependent

  • Bike Score ®

    25/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Knob Noster, MO
  • Zip Code 65336

Points of Interest

  • Warrensburg

    9.45 miles

  • Casey's General Store

    0.53 miles

  • Phillips 66

    0.62 miles

  • Shelby's Phillips 66

    9.13 miles

  • Expressway Food Shop

    9.14 miles

  • Shelby's 501

    9.15 miles

  • Murphy USA

    9.19 miles

  • City Parking Lot #3

    9.38 miles

  • City Parking Lot #7

    9.46 miles

  • City Parking Lot #4

    9.47 miles

  • City Parking Lot #5

    9.48 miles

  • City Parking Lot #8

    9.48 miles

  • City Parking Lot #2

    9.55 miles

  • City Parking Lot #1

    9.56 miles

  • McDonald's

    0.08 miles

  • Panther Steakhouse

    0.54 miles

  • Pizza Hut

    0.59 miles

  • Subway

    0.60 miles

  • Sonic

    0.66 miles

  • The Station

    0.66 miles

  • K-Town Downtown Pizzeria

    0.71 miles

  • Miller & Sons BBQ

    0.78 miles

  • Tequila Jalisco Mexican

    0.97 miles

  • Player's

    8.34 miles

  • Jordon Foods Wholesale Club

    0.51 miles

  • Tyler's Market

    0.58 miles

  • Sears

    8.24 miles

  • Bi-Lo Country Mart

    8.85 miles

  • Walmart Supercenter

    9.15 miles

  • ALDI

    9.23 miles

Frequently Asked Questions

How much does Dollar General cost?

The space currently listed for sale at Dollar General asks for $1,200,000.

What is the total square footage of Dollar General?

Dollar General totals 9,146 square feet.

When was this property built?

Dollar General was built in 2010.

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Contact Listing Broker

broker

Jon England, CCIM, SEC

NAI Heartland