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1703-1745 E Ohio St
Clinton, MO 64735
Cedars Shopping Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Building Area (rentable square feet): 22,057
- Tenants (8/1/2024): 12
- Zoning: RC
- Occupancy: 100.00%
- Buildings: One
- Zoning Description: Commercial
EXECUTIVE SUMMARY
Cedars Shopping Center (the “Property”) is a multi-tenant retail strip center. The 22,057-square-foot property is fully stabilized with a mix of national and local tenants. The Property is located north of State Highway 7 in Clinton, Missouri, a busy retail corridor running through the center of town. In July 2024, the Property had approximately 103,000 monthly visits, and 32,000 individual visitors. The Property benefits from having a McDonald’s, Wendy’s, and Subway in the outparcel lots, driving higher traffic to the center.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,057 SF
Building Class
B
Year Built
1985
Price
$2,400,000
Price Per SF
$108.81
Cap Rate
9.15%
NOI
$219,600
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
2.10 AC
Zoning
RC - Commercial
Parking
106 Spaces (4.81 Spaces per 1,000 SF Leased)
Frontage
252’ on E Ohio Street
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 18-1.0-01-003-019-009.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $433,980 |
PROPERTY TAXES
Parcel Number
18-1.0-01-003-019-009.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$433,980
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