319 W Austin Blvd - Retail FOR SALE


Nevada, MO 64772
$1,098,000 USD
816-556-1107
319 W Austin Blvd, Nevada, MO for Sale
$1,098,000 USD
Retail - FOR SALE
1/3
null | 6.5% Cap Rate

319 W Austin Blvd
Nevada, MO 64772


HIGHLIGHTS

  • Located along Austin Boulevard, the primary commercial corridor in Nevada, MO.
  • Strategically located in downtown Nevada to be situated closer to the daytime population and general population.

OVERVIEW

15 year absolute NNN ground lease. 10% rent increase in Year 6. Four, five-year extension options with 10% rent increases. High performing store. Lease with Freedom Enterprises, LLC the largest Scooter’s franchisee. Lower rent than comparable Scooter’s Coffees nationwide.

FOR SALE DETAILS

PRICE

$1,098,000 USD

PRICE/SF

$1,654 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Scooter's Coffee

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,015 SF

ZONING

-

APN/PARCEL ID

18-2.0-9-2-4-2.0

ASK ABOUT THIS PROPERTY

Mark ArensbergPeak Real Estate PartnersMore Info
816-556-1107

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

Mark ArensbergPeak Real Estate PartnersMore Info
816-556-1107

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