REIT SALE | Former Dollar General | 8K VPD

Highlights:

• 8,000 SF Freestanding Value Add Retail (Former Dollar General) Available at Substantial Discount Below Replacement Cost
• Signalized Location with 8,275 VPD Traffic Count Frontage and Visibility on N Jefferson St | Direct Access to I-44 (17K VPD)
• Surrounding Traffic Generators: Dollar General Market, Walmart Distribution Center, Sonic, Dollar Tree, Fire Department, McDonald’s, Burger King, and more
• Dense Demographics with ±35,529 People and Annual Household Income of ±$67,112 within a 10-Mile Radius
• Zoned B1, Neighborhood Business District with a Variety of Uses
• Absolute $1 Auction – NO RESERVE!

Description:

RI Marketplace Online Auction May 5-7, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2418/reit-sale-former-dollar-general-8k-vpd?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2418

Marcus & Millichap and RI Marketplace are pleased to present a vacant, free-standing retail building located at 910 North Jefferson Street (Hwy 68) in Saint James, Phelps County, Missouri (the “Property”). Formerly occupied by Dollar General, the Property is being offered significantly below replacement cost, providing an excellent opportunity for owner/users or investors to acquire a highly visible commercial property with highway frontage at a significant discount. FIRST BID MEETS RESERVE!

Built in 1999, the Property features a one-story, free-standing retail building totaling ±8,000 gross square feet, situated on a ±1.46-acre parcel (±63,580 SF) with 25 total surface parking spaces. Positioned at a signalized intersection, the site offers excellent accessibility via one dedicated ingress/egress curb cut and prime frontage on N Jefferson Street (Hwy 68), ensuring steady consumer traffic and strong visibility. The Property was previously occupied by Dollar General on a NNN lease, presenting an outstanding value-add opportunity for owner-users or investors to reposition and lease-up at long-term market rates (Costar estimated retail rents $13-16/sf NNN). Zoned “B-1” Neighborhood Business District, the Property allows for a variety of commercial uses, providing flexibility for redevelopment or alternative tenant types.

The Property is located in Saint James, Missouri, a growing community in Phelps County, strategically positioned along Interstate 44, offering prime visibility and seamless access to regional markets. Saint James is part of the Rolla-Saint James micropolitan area, a regional hub for retail, healthcare, education, and tourism in South-Central Missouri. Positioned just ±1 mile from I-44 (±17k VPD), the Property benefits from direct highway connectivity to Springfield (±90 miles southwest) and St. Louis (±95 miles northeast), two of Missouri’s largest economic centers. Saint James is known for its business-friendly environment, strong consumer base, and steady tourism industry, fueled by proximity to Rolla and the Ozark Highlands Wine Trail. The Property is located near key demand drivers, just ±1 mile from St. James Winery and within 15 minutes of Missouri S&T (8,000+ students) and Phelps Health (242 beds). The area is home to major national retailers, ensuring consistent daily traffic from local residents and travelers. Nearby businesses include Family Dollar, Dollar Tree, DG Market, Burger King, and McDonald’s, further reinforcing the area’s role as a high-traffic retail destination. Additionally, Saint James’ location along Historic Route 66 and proximity to Mark Twain National Forest contributes to steady visitor traffic and growing retail demand. The Property is positioned within a 5-mile trade area of nearly 7,500 residents, with an expanded 10-mile population of ±35,000 residents and an average household income of ±$67,000, making it a prime opportunity for retail and service-oriented businesses.

Gary D. Ryther
c/o Fisher Auction Company Inc.
License: 199018502

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