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1502 W 7th St
Joplin, MO 64801
Dollar Tree · Retail Property For Sale
Investment Highlights
- Absolute Net Lease with Zero Landlord Responsibilities
- Hard Corner Site with Strong 7th Street Frontage
- Market-Resilient Discount Retail Tenant
- Retail Hub of the Four-State Region
- Established Joplin Commercial Corridor
Executive Summary
Northmarq is pleased to present Family Dollar, a 8,320 SF asset located at 1502 W 7th Street, Joplin, MO 64801. The property is offered at $1,662,884, representing a 8.25% cap rate on current NOI of $137,188. The asset is leased to Family Dollar with 4 years of term remaining. The property benefits from established retail hub of the four state region of Missouri, Kansas, Oklahoma, and Arkansas.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
8,320 SF
Building Class
C
Year Built
2016
Price
$1,662,885
Price Per SF
$199.87
Cap Rate
8.25%
NOI
$137,188
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.77 AC
Zoning
C
Frontage
148’ on 7th St
Property Taxes
| Parcel Number | 19-2.0-10-20-008-010.000 | Improvements Assessment | $159,480 |
| Land Assessment | $38,460 | Total Assessment | $197,940 |
Property Taxes
Parcel Number
19-2.0-10-20-008-010.000
Land Assessment
$38,460
Improvements Assessment
$159,480
Total Assessment
$197,940
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