Dollar General

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 Dollar General is $1,200,000. Dollar General is situated on a lot that is 1.4 acre in size.

Contacts

broker

Jon England, CCIM, SEC

NAI Heartland

Property Details

  • Property Type Retail - Freestanding
  • Property Size 9,146 SF
  • Units 1
  • Lot Size 1.4 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 2010
  • Date Updated Oct 20, 2024
607 NE 23 Highway (“the Property”), located in Knob Noster, Missouri, is a 2010 built standalone retail building. The Property offers a high-quality building leased by Dollar General with 6+ years remaining and five 5-year lease renewal options. This rare investment opportunity is comprised of a ±9,146 SF building on 1.40 acres of land. With rent bumps every five years and landlord responsibilities limited to the roof and structure, the Property is a solid investment. Located on 23 Highway and just North of 50 Highway, the Property is on a highly trafficked highway with easy access. The property is set to serve a variety of customers being in close proximity to Whiteman Air Force Base and one of a few grocery stores and the only discount store in the city of Knob Noster.

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Highlights

  • Blue-Chip Tenant: Dollar General is known as America’s neighborhood general store with more than 20,000 convenient locations in 48 states.
  • Prime Location: The property is strategically situated on 23 Hwy and 50 Hwy, ensuring high visibility and easy access.
  • Stable Income: With a cap rate of 6.84%, this investment offers a stable and attractive income stream.
  • Long-Term Lease: Dollar General has signed a longterm lease agreement which provides consistent rental income over an extended period of time.
  • Minimal Landlord Responsibilities: Dollar General takes care of the majority of maintenance, making this investment hassle-free for landlords.
  • Resilience and Recession Proof: Dollar General has proven its resilience during economic downturns, making it a reliable investment even in uncertain times.
  • Strong Market Fundamentals: The city of Knob Noster boasts a strong job market with its proximity to Whiteman Air Force Base and Warrensburg, MO.
  • Brand Visibility: Dollar General draws customers with value and convenience ensuring a steady flow of visitors and potential sales growth.

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

Jon England, CCIM, SEC

NAI Heartland