DOLLAR GENERAL | AURORA, MISSOURI
INVESTMENT SUMMARY
Purchase Price
$996,658
Location
807 N Elliott Ave
Cap Rate
7.75%
Annual Rent
$77,241.00
Building Size
7,500 SF
Land Area
1.38 Acres
Ownership
Fee Simple
Lease Type
Absolute NNN
Term Remainning
7 Years
LEASE EXPIRATION
12/31/2032
Renewal Options
RENT INCREASES
10% at Options
Parking
30 Spaces
Year Built
2017
APN
19-1.0-01-004-008-010.000
Traffic Counts
3,582 VPD
INVESTMENT HIGHLIGHTS
DOLLAR GENERAL CORPORATE LEASE:
- 7 Years of Guaranteed Lease Term
- 2017 Build to Suit Construction
- 7,500 SF Building on 1.38 Acre Parcel
- Five (5) - Five (5) Year Option Periods with 10% Rental Increases
ABSOLUTE NNN LEASE:
- Absolute NNN Lease with ZERO Management Responsibilities
- Tenant Pays for ALL Operating Expenses, Insurance & Reimburses Property Taxes
PROXIMITY FROM AURORA, MISSOURI:
- Springfield, MO | 31 Miles
- Branson, MO | 45 Miles
- Joplin, MO | 49 Miles
- Bentonville, AR | 61 Miles
- Tulsa, OK | 157 Miles
- Kansas City, MO | 183 Miles
TRADE AREA DEMOGRAPHICS:
- 1-Mile Population: 2,081 Residents
- 1-Mile Average Household Income: $78,522
- 5-Mile Population: 13,781 Residents
- 5-Mile Average Household Income: $72,036
- 10-Mile Population: 26,677 Residents
- 10-Mile Average Household Income: $75,740
- 15-Mile Population: 55,409 Residents
- 15-Mile Average Household Income: $82,560
TENANT:
- Dollar General Corporation (NYSE: "DG")
- Strong Investment Grade Credit Rating of "BBB" by Standard & Poor's
- Ranked #111 on the Fortune 500 List (2024)
- 20,746 Stores in 48 States

