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Listed by Ryan Callahan • Real Broker, LLC
$525,000
Est. payment /mo
0.62 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 2615757
Year Built 1962
Annual Tax Amount $24,069
Lot Size 0.624 Acres
Acres 0.62442607
Property Sub-Type Retail
Source hmls
Property Description
Strategically positioned neighborhood retail center located on a high-traffic corridor with outstanding visibility and strong surrounding retail synergy. This well-maintained, masonry-constructed asset is stabilized with a diverse mix of service-oriented tenants, providing immediate income with built-in resilience.
Structured with triple net leases, the property offers a low-management investment profile while maintaining consistent cash flow. Several leases present clear upside through future rent adjustments, and an existing vacancy creates an immediate opportunity for owner-occupancy or targeted tenant placement to further strengthen the tenant mix.
Zoning allows for a wide range of commercial uses, offering flexibility for both investors and potential future redevelopment. Located in the shadow of major national retailers and along a heavily traveled commuter route, the site benefits from strong daily traffic, continued area growth, and long-term demand for neighborhood services.
An ideal opportunity for investors seeking a stabilized asset with value-add potential in a proven and continuously improving retail corridor. (Rent Roll and OM are available upon request with a signed NDA)
Structured with triple net leases, the property offers a low-management investment profile while maintaining consistent cash flow. Several leases present clear upside through future rent adjustments, and an existing vacancy creates an immediate opportunity for owner-occupancy or targeted tenant placement to further strengthen the tenant mix.
Zoning allows for a wide range of commercial uses, offering flexibility for both investors and potential future redevelopment. Located in the shadow of major national retailers and along a heavily traveled commuter route, the site benefits from strong daily traffic, continued area growth, and long-term demand for neighborhood services.
An ideal opportunity for investors seeking a stabilized asset with value-add potential in a proven and continuously improving retail corridor. (Rent Roll and OM are available upon request with a signed NDA)
Location
State MO
County Jackson
Zoning B1/B4
Interior
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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