Dollar General Glasgow Missouri

4509 HWY 5/ HWY 240 Glasgow, Missouri 65254

  • 9,026 Square Feet
  • Retail
  • For Sale

Summary Description

Colliers International is pleased to offer for sale this single tenant Dollar General Store
located at 4509 Highway 5 in Glasgow, MO. This is a great opportunity to purchase a
high quality tenant, on a Long term lease along the banks of the Missouri River. Glasgow
is halfway between St. Louis and Kansas City. This location was developed in 2017 and
is located in the Columbia, Missouri Metropolitan Statistical Area. The closest Dollar
General is over 10 miles away with the closest Family Dollar being over 40 miles from
the site.
Dollar General occupies a 9,026 square foot building. Dollar General has 15 years
remaining on the base term of their lease with three, five year options. The offering is
priced at $1,171,888 or a 6.75% capitalization rate. The Net Operating Income is $79,102
and increases 10% upon the commencement of the option periods.

Price: $1,171,888.00

Building Size: 9026 Square Feet

Area Available: 9,026 Square Feet

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