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DOLLAR GENERAL | AURORA, MISSOURI

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
Five (5) - Five (5) Year
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

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