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White Oak Station 1503 S Range Line Rd 4,884 SF Retail Building Joplin, MO 64804 $4,055,806 ($830.43/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Kum & Go / Maverik Guaranteed Lease
- Large-Format C-Store with 16 Fuel Pumps-24-Hour Operation
- Absolute Net Lease | Zero Landlord Responsibilities
- ±8 Years Remaining on Primary Term
- 8% Rent Increases Every 5 Years
- Out-Parcel to Walmart Supercenter-±16,000 ADT at Intersection | 35,000+ Vehicles per Day on Rangeline Rd
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Service Station
Building Size
4,884 SF
Building Class
C
Year Built
2013
Price
$4,055,806
Price Per SF
$830.43
Cap Rate
6%
NOI
$243,348
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.13 AC
Zoning
Commercial
Parking
26 Spaces (5.32 Spaces per 1,000 SF Leased)
Frontage
55’ on South Rangeline Road
AMENITIES
- Corner Lot
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 20-3.0-07-30-004-022.004 | Improvements Assessment | $204,040 |
| Land Assessment | $121,620 | Total Assessment | $325,660 |
PROPERTY TAXES
Parcel Number
20-3.0-07-30-004-022.004
Land Assessment
$121,620
Improvements Assessment
$204,040
Total Assessment
$325,660
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White Oak Station | 1503 S Range Line Rd
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