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133 E Parsons Ave
Warrensburg, MO 64093
New Licensed American Freight | 10% CAP · Retail Property For Sale


Investment Highlights
- 20,560 SF Free-Standing Building in A+ Location
- Near University of Central Missouri with 12,500+ Students
- Close Proximity to Whiteman Air Force Base (Population of 4,119 in 2022)
- Surrounded by National Retailers such as Walmart Supercenter, a NEWLY CONSTRUCTED Tractor Supply Co., Lowe's, Aldi, & Marshalls
- Access to a Signalized Intersection - Cooper Blvd. & N. Maguire St.
- NEW 7-year NN+ Lease in place as of April 4, 2025
Executive Summary
- New 7-Year NN+ Lease: Recently executed lease extension provides durable, predictable cash flow with minimal landlord responsibilities.
- Outstanding Retail Synergy: Directly across from a high-volume Walmart Supercenter with a new Tractor Supply Co. constructed next door, further strengthening the regional draw.
- Signalized Intersection Access: Prime frontage along a major retail corridor with signalized access, ensuring maximum visibility and ease of entry.
- Carve-Out / Redevelopment Upside: Significant opportunity to unlock additional value through a carve-out of excess parking field for a potential ground lease or pad development. *Subject to city approval
- Exceptional Real Estate Fundamentals: Core retail location with high barriers to entry; arguably the best site in the Warrensburg market.
- Attractive Return Metrics: Strong in-place yield with built-in upside opportunities.
- Outstanding Retail Synergy: Directly across from a high-volume Walmart Supercenter with a new Tractor Supply Co. constructed next door, further strengthening the regional draw.
- Signalized Intersection Access: Prime frontage along a major retail corridor with signalized access, ensuring maximum visibility and ease of entry.
- Carve-Out / Redevelopment Upside: Significant opportunity to unlock additional value through a carve-out of excess parking field for a potential ground lease or pad development. *Subject to city approval
- Exceptional Real Estate Fundamentals: Core retail location with high barriers to entry; arguably the best site in the Warrensburg market.
- Attractive Return Metrics: Strong in-place yield with built-in upside opportunities.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
20,560 SF
Building Class
B
Year Built/Renovated
2001/2017
Price
$2,155,560
Price Per SF
$104.84
Cap Rate
10%
NOI
$215,556
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.23
Lot Size
2.06 AC
Zoning
GB - General Business
Parking
94 Spaces (4.57 Spaces per 1,000 SF Leased)
Frontage
146’ on E. Parsons Ave.
Property Taxes
| Parcel Number | 12601303002000206 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $361,646 |
Property Taxes
Parcel Number
12601303002000206
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$361,646
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