607 NE 23 Hwy

For Sale

607 NE 23 Hwy, Knob Noster, MO 65336

This Knob Noster property for sale is located at 607 NE 23 Hwy. The current listed sale price for 607 NE 23 Hwy is $1,200,000. 607 NE 23 Hwy is situated on a lot that is 1.4 acre in size.

Contacts

broker

Daniel Miller

NAI Capital

Property Details

  • Property Type Retail - Freestanding
  • Property Size 9,146 SF
  • Lot Size 1.4 Acre
  • Additional Rent Contact for pricing
  • Year Built 2010
  • Date Updated Oct 21, 2024
The property is strategically situated on 23 Hwy and 50 Hwy, approx. 70 miles S/E of Kansas City, MO, ensuring high visibility and easy access.This is a classic BTS Dollar General for sale in the beautiful small town of Knob Noster, MO. It is located approx. 70 Miles S/E of Kansas City, MO. The asking price is $1,200,000, the NOI is $82,041.96/Yr. NN, and the Cap Rate is 6.84%. Dollar General has been there since 2010 and exercised a 5-Year renewal early that commences on May 1, 2025 showing commitment to the site. With 6+ Years remaining on the lease, this is a strong stabilized investment for any investor.

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Highlights

  • Seller will carry back a loan for a period to assist Buyer
  • Small Town Charm
  • Only Dollar/Variety Store in the area
  • Lease Expiration Date: April 30, 2031 (6+ Years remaining)
  • Over 16,000 VPD from Hwy's 23 & 50
  • Five (5) 5-Year Options with 10% increase at each option
  • Located near Whiteman Air Force Base
  • Nearby Cities are Warrensburg and Sedalia

Attachments

Getting around

  • 27/100

    Walk Score ®

  • 25/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Knob Noster, MO
  • Zip Code 65336

Points of Interest

  • Warrensburg

    9.45 miles

  • Casey's General Store

    0.53 miles

  • Phillips 66

    0.62 miles

  • Shelby's Phillips 66

    9.13 miles

  • Expressway Food Shop

    9.14 miles

  • Shelby's 501

    9.15 miles

  • Murphy USA

    9.19 miles

  • City Parking Lot #3

    9.38 miles

  • City Parking Lot #7

    9.46 miles

  • City Parking Lot #4

    9.47 miles

  • City Parking Lot #5

    9.48 miles

  • City Parking Lot #8

    9.48 miles

  • City Parking Lot #2

    9.55 miles

  • City Parking Lot #1

    9.56 miles

  • McDonald's

    0.08 miles

  • Panther Steakhouse

    0.54 miles

  • Pizza Hut

    0.59 miles

  • Subway

    0.60 miles

  • Sonic

    0.66 miles

  • The Station

    0.66 miles

  • K-Town Downtown Pizzeria

    0.71 miles

  • Miller & Sons BBQ

    0.78 miles

  • Tequila Jalisco Mexican

    0.97 miles

  • Player's

    8.34 miles

  • Jordon Foods Wholesale Club

    0.51 miles

  • Tyler's Market

    0.58 miles

  • Sears

    8.24 miles

  • Bi-Lo Country Mart

    8.85 miles

  • Walmart Supercenter

    9.15 miles

  • ALDI

    9.23 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Daniel Miller

NAI Capital