Dollar General Market | 2094 Village Lane
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Dollar General Market 2094 Village Lane
12,480 SF Retail Building Hermann, MO 65041 $2,252,000 ($180/SF) 7% Cap Rate
Investment Highlights
- Brand-new 15-year lease featuring 5% rental increases every 5 years throughout the base term and options
- The lease is backed by a corporate guaranty from Dollar General, #108 on the Fortune 500 list of companies
- High growth market – 42% population increase within a 5-mile radius of the subject property since 2020
- 2024 build-to-suit construction DG Market prototype
- Absolute NNN lease structure features zero Landlord expense obligations, providing an investor with a truly “hands-off” investment
- Dollar General generated $39.036 billion in 2023 fiscal year sales and a net income of $2.416 billion
Executive Summary
New lease structure 15-year absolute NNN Dollar General Market featuring 5% rental increases every 5 years throughout the base term and options. The tenant is the country’s largest small-box discount retailer with over ~20,000 stores nationwide and boasts an investment grade credit rating (S&P: BBB).
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,480 SF
Building Class
B
Year Built
2025
Construction Status
Under Construction
Price
$2,252,000
Price Per SF
$180
Cap Rate
7%
NOI
$157,645
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.83 AC
Frontage
1,032 FT on Missouri 100
PROPERTY TAXES
Parcel Number | 05-1.0-02-000-000-004.030 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $364,980 |
PROPERTY TAXES
Parcel Number
05-1.0-02-000-000-004.030
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$364,980
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Dollar General Market | 2094 Village Lane
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