Log In/Sign Up
Your email has been sent.
807 Highway 50 E 14,751 SF Retail Building Union, MO 63084 $5,706,558 CAD ($386.86 CAD/SF) 7.61% Cap Rate
Investment Highlights
- A Good Performing Store
- 55 Years Remaining (Several Options for Early Cancelation - TBV)
- Drive Through Lane
- 100% Leased
- Excellent Location
- Signalized Corner
Executive Summary
This retail property at 807 Highway 50 E in Union, Missouri presents an attractive, long-term investment opportunity. The property includes an on-site drive-thru, a convenience feature aligned with evolving retail trends. The surrounding area reflects consistent consumer demand, and the drugstore’s proven sales performance underscores its desirability. Ample parking with 82 spaces and a site area of 1.50 acres contribute to long-term operational efficiency and tenant retention. This offering is positioned as a reliable, income-generating asset with minimal management obligations, ideal for investors seeking stable, long-term performance in a resilient retail category
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,751 SF
Building Class
B
Year Built
2006
Price
$5,706,558 CAD
Price Per SF
$386.86 CAD
Cap Rate
7.61%
NOI
$434,269 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.49 AC
Zoning
B-2 - Business District
Parking
82 Spaces (5.53 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Drive Thru
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 17-7-260-3-015-065100 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $793,291 CAD |
Property Taxes
Parcel Number
17-7-260-3-015-065100
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$793,291 CAD
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
807 Highway 50 E
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.