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101 S Main St 9,600 SF Retail Building Joplin, MO 64801 $1,172,077 CAD ($122.09 CAD/SF) 7.88% Cap Rate
Investment Highlights
- 100% Leased
- Recent parking lot seal and stripe
- New HVAC
Executive Summary
• 100% leased
• Recently signed lease extension with an 80% rent increase showing long term commitment to the site
• Priced well below replacement cost
• 20+ year operating history for Dollar General
• Recent updates include New HVAC and Parking Lot seal and stripe
• Recently signed lease extension with an 80% rent increase showing long term commitment to the site
• Priced well below replacement cost
• 20+ year operating history for Dollar General
• Recent updates include New HVAC and Parking Lot seal and stripe
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,600 SF
Building Class
C
Year Built
1958
Price
$1,172,077 CAD
Price Per SF
$122.09 CAD
Cap Rate
7.88%
NOI
$92,345 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.36
Lot Size
0.61 AC
Opportunity Zone
Yes
Zoning
C-2
Parking
34 Spaces (3.54 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $616,610 CAD | |
| Land Assessment | $29,851 CAD | Total Assessment | $646,461 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$29,851 CAD
Improvements Assessment
$616,610 CAD
Total Assessment
$646,461 CAD
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101 S Main St
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