Dollar General

Dollar General

2033 N. Ivy Ln.
Columbia, MO

Price: $1,411,000
Cap: 6.25%
NOI: $88,182
Building Size: 9,100
Lot Size: 2.02 AC

Investment Highlights

BRAND NEW CONSTRUCTION STORE
• 
Brand New 9,100 SF build-to-suit Dollar General in Columbia, MO.
• This store is currently under construction and is scheduled for delivery in July 2019.

NEAR INTERSTATE 70
• Subject property is well-located on Hwy 40 (8,289 VPD) and is 0.6 miles from Interstate 70 (37,761 VPD).
• Interstate 70 is the main artery into Columbia and connects the city to St. Louis and Kansas City.

HOME TO UNIVERSITY OF MISSOURI
• Columbia is home to the University of Missouri (30,870 students), which is the state's largest college, along with Columbia College (12,105 students) and Stephens College (773 students).

COLUMBIA
• Subject property is less than 5 miles from downtown Columbia.
• Columbia is the 4th largest metro area in Missouri (pop. 206,054) and is well-positioned between St. Louis and Kansas City.

LONG TERM CORPORATE NNN LEASE
• Brand new 15-year corporate guaranteed lease with Dollar General.
• Tenant 100% responsible for all expenses, which include taxes, CAM, insurance, roof and structure.
• 10% rent increase in each of the five, 5-year option periods. 

INVESTMENT GRADE TENANT
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company and is BBB investment grade rated.
• Currently over 15,500 locations nationwide with 975 new locations expected to be opened this year.
• Dollar General has been in business for 80 years and has a current net worth of over $6.2 billion.

Don McMinn
OFFERING MEMORANDUM

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