Dollar General NNN Property For Sale — Bloomsdale, MO
along Mill Hill Road, Bloomsdale, MO 63627
This Dollar General property offers a long-term, absolute triple net lease with no landlord responsibilities, making it an ideal investment for passive income. The lease includes attractive 10% rental escalations during each of the five-year renewal options. Constructed in 2016, the property is strategically located one-quarter mile east of Interstate 55, along Mill Hill Road, the primary thoroughfare in Bloomsdale. Bloomsdale is a city in Ste. Genevieve County, Missouri, approximately fifty miles south of St. Louis. Dollar General is an investment-grade rated tenant (S&P: BBB) with a strong market presence, operating over 12,000 stores across 43 states.
- Address: along Mill Hill Road, Bloomsdale, MO 63627
- Asking price $1.41M
- 6.90% cap rate
- NOI $97,287
- 4.6 years remaining
- NNN lease
- Year built: 2016
- Building size: 9,026 SF
- Lot size: 1.33 acres
- Lease expiration: Apr 30, 2031
- Rent increases: 10% in renewal option 1; 10% in renewal option 2; 10% in renewal option 3; 10% in renewal option 4; …
- Guarantor: Corporate
Location
This Dollar General property is at along Mill Hill Road in Bloomsdale, Missouri.
Asset type: Retail