Maher Commercial Real Estate is pleased to offer for sale to qualified investors a property that is 87% leased to Dollar General and World Finance in Fulton, MO. Dollar General occupies 10,000 S.F. in the strip center and has executed multiple extensions since their lease commencement in 1998. The latest extension, a 5-year term, will expire May 2024.

World Finance occupies 1,750 S.F. in the center and recently executed a new 3-year lease in January of 2021. The lease provides 1 option term of an additional 3 years.

The property has added value potential with 1 vacant unit consisting of +/- 1,250 S.F. Current asking rent is $10 S.F. NNN.

All leases are on a NNN basis. Landlord covers the expenses for the vacant unit, in addition to roof, HVAC, and structural repairs. 

Property renovation expenses include metal roof coating installed in 2020 with 10-year warranty. 2020 Lot repairs were for sealing and striping of all asphalt. 2018 Lot repairs were for final stage of overlaying the parking area in front to lift and create better drainage, eliminating some ponding areas that were chronic problems.