Bomgaars | Dexter MO

Retail

1525 Highway Business 60 West Dexter, MO
Price:
$ 4,784,000
Property Size:
56,060 sqft
Cap Rate:
5.8
Lot Size:
5.22 acres
Year Built:
1981/2019
Status:
Sale

11-YEAR – LONG-TERM LEASE – 7.5% RENTAL INCREASES EVERY 5 YEARS
Bomgaars is operating under an 11-Year long-term lease with minimal landlord obligations. This subject property offers rental increases of 7.5% every 5 years. There are four (4), five (5), year options at the end of the primary lease term.

COMPLETELY NEW ROOF & INTERIOR BUILDOUT
In 2018, this subject property was completely renovated to offer a new roof along with a brand new façade and interior build-out estimated at $2M in interior building costs, showing commitment to the space.

TOP PERFORMING BOMGAARS ACCORDING TO PLACERAI
According to Placer.ai, this Bomgaars is in the top 30 of all Bomgaars stores in the United States and is in the top 25% of stores in the state of Missouri.

LARGEST RURAL LIFESTYLE RETAIL STORE IN THE COUNTY
Agriculture is a leading economic sector in the city of Dexter and county of Stoddard. Bomgaars is the largest rural lifestyle retail store in this county supporting many cities and communities surrounding Dexter.

Documents

×

Login

×

Register

The information contained herein has been obtained from sources deemed reliable or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.

Exclusive Listing

Hayden Ashley
Analyst
9188789541
D. Andrew Ragsdale, Esq.
Senior Managing Director
918.878.9535
Jerry Hopkins
Executive Managing Director
918.878.9536
Ken Hedrick
Executive Managing Director
918.878.9540
Mark Long
8165121011

Questions?

Get more info on this property. Contact Us
Go to Top