2500 Missouri Blvd
Jefferson City, MO 65109
Staples · Retail Property For Sale

The lease structure is triple net (NNN), with minimal landlord responsibilities. There is a billboard lease in place, which runs through June 30, 2019. Income from this lease is factored into the overall NOI of the offering. There are three (3.3) years remaining on the lease term, plus two (2), five (5) year options. The lease provides for $0.75/SF rental increases at each option period. Recently renewed lease - tenant is currently exercising 1st option with slight rent adjustment. The average household income in the five (5) mile demographic ring is $65,373. Staples has strong frontage on Missouri Blvd., which reports high traffic counts of 33,933 cars per day at this location. The subject property is surrounded by significant big box retail, which helps drives traffic to the store. Nearby stores include Walmart Supercenter, Target, Kmart, Applebee' s, Hobby Lobby, Kohl' s, Sam' s Club, Menards and ALDI, among others. The closest Office Max is 66 miles away, the closest Office Depot is 26 miles away, and the closest Staples is 25 miles away.