17930 W State Highway 42
Richwoods, MO 63071

SVN | Holman Norden is pleased to present a 100% fee simple interest in a Dollar General property located at 17930 West State Hwy 47, Richwoods, MO 63071. Richwoods supports the many popular travel destination for fishermen, kayaking, hiking, and camping that are widespread in the region. Resting only an hour from the St. Louis MSA, this is an easy getaway for many looking for the great outdoors. The subject property is a 9100 square foot building leased to Dollar General Corporation as a long-term tenant. Built in 2018 to better serve the community, the store operates on a Fifteen (15) Year Absolute NNN Lease, leaving zero landlord responsibility. With over 14 years remaining on the initial term, the lease also includes Five (5) year options with 10% rent bumps at each renewal. Dollar General is the largest discount retailer in the United States by the number of stores with over 15,500 neighborhood stores in 44 states. Not to mention they are among the largest retailer of top-quality products made by America's most trusted manufacturers such as Procter & Gamble, Kimberly-Clark, Unilever, Kellogg, General Mills, Nabisco, PepsiCo, and Coca-Cola.