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For Sale

Dollar General

685 U.S. 61,
New Madrid, MO 63869

Asset Snapshot

2005
Year Built
100%
Occupancy

Offering Summary

Highlights

  • 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

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Listing Syndicated From

RealNex
For Sale
$753,300
Asking Price