220 W Cherry St - Retail FOR SALE


Fair Grove, MO 65648
$7,106,944 USD
843-343-1351
220 W Cherry St, Fair Grove, MO for Sale
$7,106,944 USD
Retail - FOR SALE
1/4
null | 5.4% Cap Rate

220 W Cherry St
Fair Grove, MO 65648


HIGHLIGHTS

  • 13+ Years Remaining
  • 20-Year Absolute NNN Lease
  • Corporate Guaranty
  • (4) 5-Year Renewal Options

OVERVIEW

Oswald Cooke & Associates is pleased to 249 W Old Mill Road in Fair Grove, MO for sale to qualified investors. Originally commencing in 2019, the property is subject to a 20-year absolute NNN corporate lease with Maverik. The 5.42 acre site is located on the far corner heading towards I-65 at the intersection of Old Mill Road and Hwy 65. The base term will expire in May 2039 and has (4) 5-Year renewal options. Fair Grove is located in Greene County. The gas station is located in the center of the community and is a relocation store from the previous site that is just down the street. There are no other gas stations in this corridor.

FOR SALE DETAILS

PRICE

$7,106,944 USD

PRICE/SF

$4,347 USD /SF

CAP RATE

5.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Maverik

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

5.42 AC

LAND SF

236,095 SF

ZONING

INC

APN/PARCEL ID

01-29-200-077

ASK ABOUT THIS PROPERTY

Benjy CookeOswald Cooke and AssociatesMore Info
843-343-1351

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Benjy CookeOswald Cooke and AssociatesMore Info
843-343-1351

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.