1413 Historic 66 W
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1413 Historic 66 W
10,640 SF 100% Leased Retail Building Waynesville, MO 65583 $1,308,825 ($123/SF) 8% Cap Rate
Investment Highlights
- Attractive 8% return on a stabilized investment grade credit tenant.
- Located along the hard corner signalized intersection of US RT 66 (±15,879 VPD) and Ichord Ave (±6,721 VPD).
- Dollar General boasts an investment-grade credit rating of BBB (S&P).
- Store ranked in the top 92nd percentile nationwide and top 94th percentile in Missouri, according to Placer.ai.
- Absolute NNN lease structure with zero landlord management responsibility, providing an investor with long-term passive income.
- Dollar General has ±20,000 locations and plans to continue their expansion for the foreseeable future.
Executive Summary
Broker of Record
Kyle Matthews
License No. 2017010164 (MO)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. 2017010164 (MO)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
A
Year Built
2014
Price
$1,308,825
Price Per SF
$123
Cap Rate
8%
NOI
$104,706
Percent Leased
100%
Building Height
1 Story
Building FAR
0.16
Lot Size
1.50 AC
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 11-7.0-35-000-002-003-000 | Improvements Assessment | $0 |
Land Assessment | $14,250 | Total Assessment | $14,250 |
PROPERTY TAXES
Parcel Number
11-7.0-35-000-002-003-000
Land Assessment
$14,250
Improvements Assessment
$0
Total Assessment
$14,250
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1413 Historic 66 W
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