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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
$2,443,536 CAD
Price Per SF
$244.35 CAD
Cap Rate
7.60%
NOI
$185,709 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 Numbers | Improvements Assessment | $601,081 CAD | |
| Land Assessment | $37,011 CAD | Total Assessment | $638,092 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$37,011 CAD
Improvements Assessment
$601,081 CAD
Total Assessment
$638,092 CAD
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