Dollar General

Eugene is a small, charming town located in central Missouri, USA. Nestled within Cole County, Eugene boasts a tranquil and picturesque setting that draws residents and visitors alike. The town's history dates back to the late 19th century, and its name pays tribute to the famous French military leader, General Eugene Beauharnais. With a population of just over a thousand residents, Eugene maintains a tight-knit and friendly community atmosphere. Residents here enjoy a slower pace of life and a strong sense of community pride. Eugene's economy is primarily driven by agriculture and small businesses, reflecting its rural character. The town's scenic surroundings, with rolling hills, farms, and woodlands, provide ample opportunities for outdoor activities such as hiking, fishing, and hunting. The town also has a well-regarded school system, making it an attractive place for families to settle down. Overall, Eugene's quaint charm, natural beauty, and close-knit community make it a delightful place to live and visit for those seeking a peaceful and authentic Midwestern experience.Fortis Net Lease is pleased to present this Dollar General store located at 14304 Mt Carmel Rd, Eugene, MO. Encumbered with a 5 Year NN lease that was renewed in March 2021. There are zero landlord responsibilities and two, five-year options with ten percent rent bumps at each option. The lease has a corporate guarantee from Dollar General which has a “BBB” S&P rating and is considered an investment grade tenant. The subject property is strategically located on Carmel Rd. just off of US highway 54 (15,400+ VPD). This 9,100 SF Dollar General is situated in a growing area with the 10 mile population exceeding 11,800. The five mile median home value exceeds $186,635 and the five-mile average household income exceeds $70,601. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store.