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3424 S 22nd St
Saint Joseph, MO 64503
Retail Property For Sale
Investment Highlights
- 2024 built-to-suit construction for Dollar Tree
- Extremely strong corporately guaranteed lease
- Dollar Tree boasts an investment-grade credit rating of BBB-
- 5 mile population of 69,231 residents
- St. Joseph is the home of the Kansas City Chiefs training camp
- Dollar Tree acquired Family Dollar in 2015 and is now considered to be the second-largest discount retailer in the United States with more than 16,000
Executive Summary
10-Year NN+ lease with limited landlord responsibilities
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,000 SF
Building Class
B
Year Built
2024
Price
$2,428,313 CAD
Price Per SF
$242.83 CAD
Cap Rate
7.60%
NOI
$184,552 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.99 AC
Zoning
CITY - Commercial
Frontage
291’ on Missouri 371
Property Taxes
| Parcel Number | 06-8.0-28-002-001-007.001 | Improvements Assessment | $351,975 CAD |
| Land Assessment | $19,255 CAD | Total Assessment | $371,230 CAD |
Property Taxes
Parcel Number
06-8.0-28-002-001-007.001
Land Assessment
$19,255 CAD
Improvements Assessment
$351,975 CAD
Total Assessment
$371,230 CAD
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