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First Street Center - Kennett, MO 1021 1st St 7,416 SF 100% Leased Retail Building Kennett, MO 63857 $760,000 ($102.48/SF) 8% Cap Rate
Investment Highlights
- Rare chance to acquire a 100% occupied asset at just $760,000.
- Built in 2013, this property has a metal roof and asphalt parking lot that both have significant useful lives.
- Strategically positioned along 1st Street, the major thoroughfare running through Kennett and the southeastern Missouri region.
- The center is occupied by a mix of national and local, service-oriented tenants, including Security Finance, Cricket Wireless, Jackson Hewitt, Etc.
- Listed at over $102 PSF, providing an accessible entry price.
- With a WALT of 2+ years, there is a clear opportunity to negotiate higher rent to meet the market.
Executive Summary
In Cooperation With Sands Investment Group Missouri, LLC - Lic. #2019044754 BoR: Tom Gorman - Lic. MO #2023012377
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Cricket Wireless
- Professional, Scientific, and Technical Services
- 1,576 SF
- $11.42
- Apr 2028
- Hey Friends Nutrition
- Accommodation and Food Services
- 1,720 SF
- $6.98
- May 2028
-
- Professional, Scientific, and Technical Services
- 1,000 SF
- $15.60
- Sep 2029
Jackson Hewitt began operations in 1982 when John Hewitt purchased a small Virginia-based tax service. The company expanded through franchising in 1986 and grew rapidly by partnering with major retailers. Jackson Hewitt provides tax preparation services, including electronic filing and refund anticipation loans. The company also offers franchise opportunities nationwide. Jackson Hewitt's tax school provides training for aspiring tax professionals through both online and classroom programs. The company serves millions of customers annually through company-owned and franchised locations.
- Mail N More
- Retailer
- 1,400 SF
- $10.29
- Mar 2028
-
- Finance and Insurance
- 1,720 SF
- $7.33
- Nov 2026
Security Finance began in 1955 with Jesse L. Bridges and a goal of meeting financial needs in rural South Carolina. Security Finance provides traditional personal installment loans, online loan inquiries, account management, and tax preparation services. Security Finance has grown into a branch-based lender with a national footprint and a long-running focus on community service, customer care, and local branch support. Loan options vary by state and can be used for medical expenses, emergencies, debt consolidation, automobile expenses, home repairs, school supplies, appliances, and vacations. Security Finance also emphasizes a service model built around fairness, respect, and support for local communities.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Cricket Wireless | Professional, Scientific, and Technical Services | 1,576 SF | $11.42 | Apr 2028 | ||
| Hey Friends Nutrition | Accommodation and Food Services | 1,720 SF | $6.98 | May 2028 | ||
|
|
Professional, Scientific, and Technical Services | 1,000 SF | $15.60 | Sep 2029 | ||
| Mail N More | Retailer | 1,400 SF | $10.29 | Mar 2028 | ||
|
|
Finance and Insurance | 1,720 SF | $7.33 | Nov 2026 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-01.0-01-002-04-001.000.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $84,810 |
Property Taxes
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First Street Center - Kennett, MO | 1021 1st St
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