2100 N Baltimore St
Kirksville, MO 63501
Kirksville Commons · Retail Property For Sale

Marcus & Millichap is pleased to present for your acquisition review Kirksville Shoppes in Kirksville, Missouri.   The Kirksville Shoppes are a 33,345 square foot shopping destination located at N Baltimore Street and Route 6 adjacent to the city’s Walmart Supercenter. The Shoppes are strategically placed in the heart of Kirkville’s strongest retail corridor. The asset stands out from neighbouring retail strips due to its recent renovation, which was a key factor in Dollar Tree relocating to the center.  Several tenants have been in place for years, but just as many have signed on for new, long-term leases. Investors can enjoy a predictable, passive income as the NNN leases requires minimal landlord responsibility. Nearby, residents can find national retailers like Home Depot, Hibbett Sports, Tractor Supply Company, Aldi, and Payless Shoes before stopping in at the Kirksville Aquatic Center less than a mile away.   The Shoppes are anchored by Dollar Tree, Pet Sense, and Maurice’s among others. Dollar Tree relocated from a lesser center after Kirksville Shoppes was renovated. Dollar Tree’s Fortune 500 status backs the NNN lease running through 2023. Their 13,500+ stores generated more than $8.6 billion in revenues last year. Maurice’s ($1.06 billion revenue) has called the Shoppes home for more than 12 years while their neighbour, Pet Sense is a recent addition. Pet Sense boasts more than 140 locations and the support of parent Tractor Supply Company who earned $6.2 billion in revenue last year.   The strong tenant mix, long-term leases already in place, recent renovation, and Walmart’s guaranteed traffic make the Kirksville Shoppes provide a perfect investment opportunity for both experienced and new owners.