Dollar General
$753,300
685 U.S. 61, New Madrid, MO 63869
9
Cap Rate
67,800
NOI
Details:
Description:
New HVAC 2020
Tenant extended for 3 years Dec 2024
Long term occupancy since 2005
3,787 daily traffic counts along US Hwy 61, the famous "Blues Highway" which runs from Minnesota to New Orleans
Well maintained concrete parking lot
Prototypical Dollar General building, built to suit
Dollar General pays directly to vendors for insurance, and reimburse for real estate taxes.
DG pays a monthly CAM stipend and reimburses actual expenses for any snow removal
New Madrid is the county seat of New Madrid County
Major employers in the area include Assoc. Electric Co-op,
Local Government, Nursing and General Healthcare Providers, Rice and Grain production, and Magnitude 7 Metals Aluminum production
Documents:
| Title | ||
|---|---|---|
| DG New Madrid MO Offering Memorandum | ||
| Dollar General- New Madrid_ MO- Encore MP-2 |
Location
Gallery
