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- LoopNet Team
1050-1056 S Bishop Ave
Rolla, MO 65401
Rolla Center · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Security System
- Signage
- Air Conditioning
ABOUT 1050-1056 S BISHOP AVE , ROLLA, MO 65401
NEW - 12% CAP Rolla Retail Center, w/ 16.8% CAP upside 84,170 Square Foot Free Standing Retail Center in Rolla Missouri This asset is priced at $29 / sf (LESS THAN 1/3 of replacement cost) Well located with 420 parking spaces and excellent visibility. Stabilized Cash Flow with Planet Fitness 10 year lease, plus JC Penny till 2023 and upside with the vacant unit of 15,000'. 12% CAP on current in place Net Operating Income and +/- 16.8% CAP when vacant unit is leased. Area retailers include Walmart, Kohl’s, Lowe’s, Hobby Lobby, Menards, Big Lots, & Staples Rolla is home to Missouri University of Science & Technology Carlisle Golden Roofing Warranty thru 2023 PF thru 2028. JCP thru 2023. Priced at $2,400,000 (Yes...only $29 / SF!!!)
PROPERTY TAXES
| Parcel Number | 71-09-6.0-14-003-002-002.000 | Improvements Assessment | $359,680 |
| Land Assessment | $312,130 | Total Assessment | $671,810 |
PROPERTY TAXES
