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402 N Massey Blvd
Nixa, MO 65714
International Car Wash Group · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 20-Year Triple-Net (NNN) Sale-Leaseback: At Closing the Tenant Will Execute a Brand New 20-Year Absolute Triple-Net Lease. The Lease Will Have No La
  • Accelerated Depreciation: This Property Qualifies for 15 Year Accelerated Depreciation
  • Robust Demographics| Population Exceeds 195,000 Individuals Within a Ten-Mile Radius | Projected to Increase 13% By 2023
  • Corporate Guarantee: The Lease is Subject to a Corporate Guarantee by International Car Wash Group Ltd. (UK) “ICWG” and the More Than 900 Locations
  • Dense Retail Corridor| Walmart, Aldi, Walgreens, CVS Pharmacy, McDonald’s, Wendy’s, Arby’s, Taco Bell, Sonic Drive-In, Applebee’s, O’Reilly Auto Par
  • Positive Location Fundamentals | Less Than Six Miles From Springfield, Missouri

PROPERTY FACTS

Property Type
Retail
Building Size
42,240 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.97 AC
Zoning
Commercial
Frontage
212’ on MCCROSKEY ST

ABOUT 402 N MASSEY BLVD , NIXA, MO 65714

The subject Car Wash benefits from being well-positioned in a dense retail corridor consisting of national and local tenants, shopping centers, hospitality accommodations, and academic institutions. Major national tenants in the area include Walmart, Aldi, Walgreens, CVS Pharmacy, McDonald’s, Wendy’s, Arby’s, Taco Bell, Sonic Drive-In, Applebee’s, O’Reilly Auto Parts, AutoZone Auto Parts, and many more. The subject investment property benefits from being located less than two miles from Nixa Public High School. Nixa High School is home to the Nixa’s Eagle Stadium which has a 3,500-seating capacity which is almost always full during the school's home football and soccer games. The site is situated on North Massey Boulevard, which has an average daily traffic count of 34,000 vehicles. North Massey Boulevard intersects with West Mount Vernon Street, which brings an additional 22,500 vehicles into the immediate area per day. There are more than 48,500 individuals within a five-mile radius of this property and 195,800 individuals within a ten-mile radius. These figures are projected to increase to 55,500 and 214,800 by year 2023. As one of the fastest growing cities in Missouri, according to the 2010 U.S. Census figures, Nixa’s population has grown from that little town of 1,200, to a current population of 19,022. Over the past 20 years, Nixa has grown an amazing 353%. Nixa prides itself on the fact that it is a master planned community, where pro-active, adopted comprehensive and strategic planning policies and procedures help guide and facilitate the community’s quality growth. Whether it is land-use, infrastructure delivery, transportation, recreational opportunities or public safety, the City takes a long-range perspective on what it aspires to achieve . Nixa is locatedjust six miles from Springfield, MO. Springfield is near the nation's geographic and population centers. As the 3rd largest city in Missouri and with more than 456,000 people in the metro area and millions of tourists each year, Springfield is rich with interesting and entertaining attractions, more than 6,300 hotel rooms, more than 850 dining options and a variety of shopping and cultural activities. Springfield is a thriving and energetic metropolitan area that’s the perfect incubator for a wealth of industries and jobs. Springfield’s gross metro product has grown more than 50% in the last decade. Springfield ranked by 24/7 Wall Street as third in the top five American cities for job growth. The Springfield metro workforce has grown more than 9.8 % in the past 10 years.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-0.1-11-004-013-008.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$303,140
  • Listing ID: 18805728

  • Date on Market: 3/9/2020

  • Last Updated:

  • Address: 402 N Massey Blvd, Nixa, MO 65714

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