Investment Overview

Marcus and Millichap is pleased to offer for sale a 45,506-square foot free-standing retail building located in Nevada, Missouri, occupied by Orscheln Farm & Home. The property sits on 5.31 acres and was originally developed for Walmart in 1990. Orscheln Farm & Home has occupied the property since 2004 and recently extended their lease to 2034 excess parking provides for a potential out lot. Landlord responsibility is limited to structure. The base rent increases 7.5 percent every five years, including the four additional, five-year renewal option terms. The subject property benefits from being well-positioned in a dense retail corridor across from Walmart and near the I-49 interchange. Major national tenants include: Walmart, Sutherlands HomeBase, Dollar Tree, Auto Zone, Sonic, as well as many others. Additionally, 3M has a significant manufacturing plant across the street from this property that has been there since 1971.