607 NE 23 Hwy, Knob Noster, MO, 65336

Highlights

• Seller will carry back a loan for a period to assist Buyer
• Small Town Charm
• Only Dollar/Variety Store in the area
• Lease Expiration Date: April 30, 2031 (6+ Years remaining)
• Over 16,000 VPD from Hwy's 23 & 50
• Five (5) 5-Year Options with 10% increase at each option
• Located near Whiteman Air Force Base
• Nearby Cities are Warrensburg and Sedalia

Description

This is a classic BTS Dollar General for sale in the beautiful small town of Knob Noster, MO. It is located approx. 70 Miles S/E of Kansas City, MO. The asking price is $1,200,000, the NOI is $82,041.96/Yr. NN, and the Cap Rate is 6.84%. Dollar General has been there since 2010 and exercised a 5-Year renewal early that commences on May 1, 2025 showing commitment to the site. With 6+ Years remaining on the lease, this is a strong stabilized investment for any investor.

The property is strategically situated on 23 Hwy and 50 Hwy, approx. 70 miles S/E of Kansas City, MO, ensuring high visibility and easy access.

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