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Shopping Strip

Cassville Plaza

1011 Old Exeter Rd, Cassville, MO 65625

Listing Price: $3,145,000

Cap Rate
7.50%
Gross SF
47,000
Rentable SF
47,000
Price/Gross SF
$66.91
Lot Size
6.49 acres
Year Built
1986

Investment Overview

Cassville Plaza is a 47,000-square foot, Walmart shadow-anchored, multi-tenant retail center located in Cassville, Missouri. The center is currently 100 percent occupied, and 81 percent of the gross leasable area has triple-net leases. Tenants consist of a complementary mix of national and regional retailers including Tractor Supply Co., Dollar Tree, and Westco Home Furnishings. Constructed in 1986, the building is situated on a 6.49-acre lot with paved parking. Cassville Plaza is located at the signalized, hard corner of Old Exeter Road and State Highway 37. Traffic counts in front of the property exceed 6,400 vehicles per day. The center is shadow-anchored by Walmart Supercenter and near other national retailers including Murphy Oil, Napa Auto Parts, Security Bank of Southwest Missouri, Pizza Hut, Subway, O'Reilly Auto Parts, Taco Bell, King Food Saver, Commerce Bank, Sonic, and more. The average household income is $56,782 within a five-mile radius, and serves a residential population of approximately 56,782 people.

Investment Highlights

  • 47,000-Square Foot, Multi-Tenant Retail Center
  • Shadow-Anchored by Walmart Supercenter
  • 100% Occupied | 81% of the Gross Leasable Area has Triple-Net Leases
  • Strong Tenant Base Comprised of Two National Credit Tenants (Tractor Supply and Dollar Tree) and a New 10-Year Lease with a Regional Credit Tenant (Westco Home Furnishings)
  • Tractor Supply Recently Executed an Early Five-Year Renewal, Providing 11 Years Remaining on the Term

Exclusively Listed By

Broker of Record

  • Bradley Barham

    First Vice President Investments

    (314) 889-2500

    License(s) MO: 2013016939

    Missouri

Listing Price: $3,145,000

Cap Rate
7.50%
Gross SF
47,000
Rentable SF
47,000
Price/Gross SF
$66.91
Lot Size
6.49 acres
Year Built
1986

Investment Highlights

  • 47,000-Square Foot, Multi-Tenant Retail Center
  • Shadow-Anchored by Walmart Supercenter
  • 100% Occupied | 81% of the Gross Leasable Area has Triple-Net Leases
  • Strong Tenant Base Comprised of Two National Credit Tenants (Tractor Supply and Dollar Tree) and a New 10-Year Lease with a Regional Credit Tenant (Westco Home Furnishings)
  • Tractor Supply Recently Executed an Early Five-Year Renewal, Providing 11 Years Remaining on the Term

Investment Overview

Cassville Plaza is a 47,000-square foot, Walmart shadow-anchored, multi-tenant retail center located in Cassville, Missouri. The center is currently 100 percent occupied, and 81 percent of the gross leasable area has triple-net leases. Tenants consist of a complementary mix of national and regional retailers including Tractor Supply Co., Dollar Tree, and Westco Home Furnishings. Constructed in 1986, the building is situated on a 6.49-acre lot with paved parking. Cassville Plaza is located at the signalized, hard corner of Old Exeter Road and State Highway 37. Traffic counts in front of the property exceed 6,400 vehicles per day. The center is shadow-anchored by Walmart Supercenter and near other national retailers including Murphy Oil, Napa Auto Parts, Security Bank of Southwest Missouri, Pizza Hut, Subway, O'Reilly Auto Parts, Taco Bell, King Food Saver, Commerce Bank, Sonic, and more. The average household income is $56,782 within a five-mile radius, and serves a residential population of approximately 56,782 people.

Exclusively Listed By

Broker of Record

  • Bradley Barham

    First Vice President Investments

    (314) 889-2500

    License(s): MO: 2013016939

    Missouri

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