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NNN DOLLAR GENERAL GREENFIELD MO S 265 N GRAND GREENFIELD, MO 65661 Peter Colvin Christopher Colvin Cody Colvin SVN | SILVERI COMPANY | 580 CASCADE WEST PARKWAY, S.E., GRAND RAPIDS, MI 49546 SALE BROCHURE

NNN DOLLAR GENERAL GREENFIELD MO€¦ · SALE OVERVIEW PROPERTY DESCRIPTION The SVN Colvin team presents this absolute triple net leased Dollar General in Greenfield Missouri, near

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Page 1: NNN DOLLAR GENERAL GREENFIELD MO€¦ · SALE OVERVIEW PROPERTY DESCRIPTION The SVN Colvin team presents this absolute triple net leased Dollar General in Greenfield Missouri, near

NNN DOLLARGENERALGREENFIELD MOS 265 N GRANDGREENFIELD, MO 65661

Peter Colvin

Christopher Colvin

Cody Colvin

SVN | SILVERI COMPANY | 580 CASCADE WEST PARKWAY, S.E., GRAND RAPIDS, MI 49546 SALE BROCHURE

Page 2: NNN DOLLAR GENERAL GREENFIELD MO€¦ · SALE OVERVIEW PROPERTY DESCRIPTION The SVN Colvin team presents this absolute triple net leased Dollar General in Greenfield Missouri, near

SALE OVERVIEW PROPERTY DESCRIPTIONThe SVN Colvin team presents this absolute triple net leased Dollar General in Greenfield Missouri,near Springfield. This Dollar General is 10,640 SF was a relocation of a successful older store andwas purposely built larger to service the grocery store needs of the community. The NNN lease runsthrough 5-31-2030.

This is an attractive location on the main commercial road and is surrounded by restaurants, banks,retail, commercial and housing.

The building has open ceilings, expanded cooler and freezer areas, a decorative front elevation anda concrete parking lot.

We have a recent ALTA survey and a clean phase 1 report to make this an easy closing and a"sure thing" for a 1031.

Our team will help you through the entire purchase process, including helping you get financing ifneeded, to make this a simple process. This investment property is co-listed with The Company RealEstate, the MO broker of record.

SALE PRICE: $1,179,000

CAP RATE: 6.65%

NOI: $78,416

LOT SIZE: 1.83 Acres

BUILDING SIZE: 10,640 SF

NNN DOLLAR GENERAL GREENFIELD MO | S 265 N GRAND GREENFIELD, MO 65661 SVN | Silveri Company | Page 2The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and

completeness. All SVN® offices are independently owned and operated.

Page 3: NNN DOLLAR GENERAL GREENFIELD MO€¦ · SALE OVERVIEW PROPERTY DESCRIPTION The SVN Colvin team presents this absolute triple net leased Dollar General in Greenfield Missouri, near

Location Maps

NNN DOLLAR GENERAL GREENFIELD MO | S 265 N GRAND GREENFIELD, MO 65661 SVN | Silveri Company | Page 3The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and

completeness. All SVN® offices are independently owned and operated.

Page 4: NNN DOLLAR GENERAL GREENFIELD MO€¦ · SALE OVERVIEW PROPERTY DESCRIPTION The SVN Colvin team presents this absolute triple net leased Dollar General in Greenfield Missouri, near

Location Maps

NNN DOLLAR GENERAL GREENFIELD MO | S 265 N GRAND GREENFIELD, MO 65661 SVN | Silveri Company | Page 4The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and

completeness. All SVN® offices are independently owned and operated.

Page 5: NNN DOLLAR GENERAL GREENFIELD MO€¦ · SALE OVERVIEW PROPERTY DESCRIPTION The SVN Colvin team presents this absolute triple net leased Dollar General in Greenfield Missouri, near

“Dollar General, The Best Tenant In America!”

Tenant Info: Dollar General is listed as “DG” on the NASDAQ. Their solid credit rating qualifies them as “Investment Grade” allowing even the most conservative REITS and Trusts to purchase real estate leased to this tenant. DG is considered to be one of the best tenants in America by many landlords.

The Company: Dollar General is considered by financial analysts to be a very

profitable, growing, customer-driven distributor of consumables, home products, apparel and seasonal products.

Sales: DG had sales for 2018 of over $25.6 billion, up from $23.4 billion

in 2017. They earned an impressive pre-tax net income of over $2 billion. DG has steadily increased sales each year since 1955.

Growth: Dollar General opened 900 new stores in 2018 and remodeled

1,050 stores. They plan to continue this growth in 2019 and open approx 975 new stores and remodel approx 1,000 existing stores. DG reported that they had 15,472 stores in 44 states as of 3-1-19.

Real Estate: Dollar General prefers to lease their standard 9,100 SF buildings,

built for them in very visible and accessible locations in smaller towns. DG is willing to sign 15 year, absolute triple net leases on these new buildings. This allows the landlords to have a very desirable, maintenance free investment, the easiest type to finance.

My Opinion: I consider Dollar General to be the most landlord-friendly retailer

in America. They treat their landlords like partners, instead of “the enemy”. They are very fair to work with and respond quickly to requests for estoppel letters, SND&A’s and insurance transfers. I like Dollar General’s Literacy Foundation that provides substantial grants to non-profits that support literacy, helping over 50,000 at-risk children learn to read.

Page 6: NNN DOLLAR GENERAL GREENFIELD MO€¦ · SALE OVERVIEW PROPERTY DESCRIPTION The SVN Colvin team presents this absolute triple net leased Dollar General in Greenfield Missouri, near

Demographics Map

NNN DOLLAR GENERAL GREENFIELD MO | S 265 N GRAND GREENFIELD, MO 65661 SVN | Silveri Company | Page 6The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and

completeness. All SVN® offices are independently owned and operated.

POPULATION 3 MILES 5 MILES 10 MILES

TOTAL POPULATION 567 1,434 4,873

MEDIAN AGE 46.0 45.7 45.2

MEDIAN AGE (MALE) 45.5 45.0 43.9

MEDIAN AGE (FEMALE) 46.3 46.3 46.4

HOUSEHOLDS & INCOME 3 MILES 5 MILES 10 MILES

TOTAL HOUSEHOLDS 231 588 2,012

# OF PERSONS PER HH 2.5 2.4 2.4

AVERAGE HH INCOME $40,148 $39,771 $39,408

AVERAGE HOUSE VALUE $102,049 $102,157 $102,094

Page 7: NNN DOLLAR GENERAL GREENFIELD MO€¦ · SALE OVERVIEW PROPERTY DESCRIPTION The SVN Colvin team presents this absolute triple net leased Dollar General in Greenfield Missouri, near

NNN DOLLAR GENERAL GREENFIELD MO | S 265 N GRAND GREENFIELD, MO 65661 SVN | Silveri Company | Page 7The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and

completeness. All SVN® offices are independently owned and operated.

Page 8: NNN DOLLAR GENERAL GREENFIELD MO€¦ · SALE OVERVIEW PROPERTY DESCRIPTION The SVN Colvin team presents this absolute triple net leased Dollar General in Greenfield Missouri, near

YOUR 1031 EXCHANGE WISHES, GRANTED.

Many 1031 exchanges fail due to poor planning and unforeseen surprises.

The experienced team at 1031Genie helps you avoid the regular pitfalls of 1031s by building a customized 1031 plan and implementing it, matching you up with the perfect net-lease properties.

Don’t leave your 1031 up to chance - get exactly what you wish for. Visit www.1031genie.com or call 616-893-5353 today.

The SVN Colvin Team Presents: 1031 Genie

Page 9: NNN DOLLAR GENERAL GREENFIELD MO€¦ · SALE OVERVIEW PROPERTY DESCRIPTION The SVN Colvin team presents this absolute triple net leased Dollar General in Greenfield Missouri, near

NNN DOLLAR GENERAL GREENFIELD MO | S 265 N GRAND GREENFIELD, MO 65661 SVN | Silveri Company | Page 9The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and

completeness. All SVN® offices are independently owned and operated.

Custom Page

Page 10: NNN DOLLAR GENERAL GREENFIELD MO€¦ · SALE OVERVIEW PROPERTY DESCRIPTION The SVN Colvin team presents this absolute triple net leased Dollar General in Greenfield Missouri, near

Advisor Bio & Contact 1

NNN DOLLAR GENERAL GREENFIELD MO | S 265 N GRAND GREENFIELD, MO 65661 SVN | Silveri Company | Page 10The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and

completeness. All SVN® offices are independently owned and operated.

Peter ColvinCouncil Chair of Single Tenant InvestmentsSVN | Silveri Company

Peter and his sons Chris and Cody have built The SVN Colvin Team, avery strong national practice. They help people buy and sell qualitysingle tenant investment real estate leased to strong tenants. Theyhave sold over 400 Dollar General Properties.

Peter serves as the Chairperson of the National Single Tenant Councilfor SVN. He is consistently one of the “Top 10 Advisors in America” forthe company. Peter has over 10 years of investment real estateexperience and has completed nearly two billion dollars intransactions.

Peter specializes in 1031 Exchanges. He helps clients exchange theirmanagement intensive properties into safe, long term "mailbox"money passive investments. His SVN Teammates count on Peter andhis sons to handle their clients' 1031 exchanges. Their website iswww.svncd.com

Peter hosts The National Single Tenant Call, is a published author andhas been a featured speaker at national conferences and events.Peter has won numerous local, regional, and national real estateawards.

Phone: 616.893.1398

Email: [email protected]

Fax:

Cell: 616.893.1398

Address: 580 Cascade West Parkway, S.E.

Grand Rapids, MI 49546

Page 11: NNN DOLLAR GENERAL GREENFIELD MO€¦ · SALE OVERVIEW PROPERTY DESCRIPTION The SVN Colvin team presents this absolute triple net leased Dollar General in Greenfield Missouri, near

NNN DOLLAR GENERAL GREENFIELD MO | 10,640 SF | GREENFIELD, MO

DISCLAIMER

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of theproperty within and is not to be used for any other purpose. This information should not, under any circumstances, bephotocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or usedfor any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed inthis proposal, and no other person is authorized by the Owner to provide any information or to make anyrepresentations other than contained in this Offering Brochure. If the person receiving these materials does not chooseto pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy orcompleteness of the information contained herein, and nothing contained herein is or shall be relied upon as a promiseor representation as to the future representation of the Property. This Offering Brochure may include certain statementsand estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there canbe no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and allliability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, orany other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled torely solely on those representations and warranties that may be made to it in any final, fully executed and delivered RealEstate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not lookto Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates,for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conducttheir own comprehensive review and analysis of the Property.

This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expresslyreserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property andexpressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any timewith or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the OfferingBrochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed RealEstate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, aprospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and theSVN Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchasershould not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate PurchaseAgreement shall bind the property and each prospective purchaser proceeds at its own risk.