503 E Main St - Retail FOR SALE


Willow Springs, MO 65793
$900,000 USD
417-818-8894
503 E Main St, Willow Springs, MO for Sale
$900,000 USD
Retail - FOR SALE
1/6
null | 11.3% Cap Rate

503 E Main St
Willow Springs, MO 65793


HIGHLIGHTS

  • SALE PRICE: $900,000
  • BUILDING SIZE: 11,060 SF
  • PRICE / SF: $81.37
  • LOT SIZE: 1.05 ac
  • CAP RATE: 11.3%
  • LEASE EXPIRATION: January 31, 2031

OVERVIEW

SVN is pleased to offer this former combo Dollar Tree | Family Dollar property For Sale at $900,000 in Willow Springs, MO. Although the tenant has vacated, the lease remains in place with over 5 years of term remaining at 11.3% cap rate. The property has 320' of frontage along E Main St with 147'on N Cherry St and 33 parking spaces. The property can be entered from both streets providing easy accessibility. It is zoned B-2 Commercial on a 1.05 acres lot. The taxes in 2024 were $0.93/SF. Tenant is responsible for all expenses other than liability insurance and some structural repairs. This property is situated in the quaint town of Willow Springs, MO. The property is off of East Main Street just minutes from Highway 60. Neighboring businesses include O'Reilly Auto Parts, FedEx OnSite, Dollar General, United State Postal Service, Town and Country Supermarket, Tractor Supply Co, Simmons Bank, and may others. Lee McLean III, SIOR, CCIM serves as a Senior Advisor for SVN Commercial in the Springfield Missouri metro area. Lee holds the SIOR & CCIM designation, a Brokers-Associate real estate license and ranks in the top 3% of SVN International.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$81 USD /SF

CAP RATE

11.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,818 SF

ZONING

B-2 Commercial

APN/PARCEL ID

03-9.0-30-001-032-003.00000

ASK ABOUT THIS PROPERTY

Lee McLeanSVN | Rankin Company, LLCMore Info
417-818-8894

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Lee McLeanSVN | Rankin Company, LLCMore Info
417-818-8894

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