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3424 S 22nd St
Saint Joseph, MO 64503
Retail Property For Sale

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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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 06-8.0-28-002-001-007.000
  • 06-8.0-28-002-001-007.001
Land Assessment
$37,011 CAD
Improvements Assessment
$601,081 CAD
Total Assessment
$638,092 CAD
  • Listing ID: 34110750

  • Date on Market: 2024-12-06

  • Last Updated:

  • Address: 3424 S 22nd St, Saint Joseph, MO 64503

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