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503 E Main St 11,060 SF Retail Building Willow Springs, MO 65793 $900,000 ($81.37/SF) 11.60% Cap Rate
INVESTMENT HIGHLIGHTS
- Corner location with dual street access and excellent visibility
- Surrounded by national retailers and essential services
- Minutes from Highway 60, ensuring regional connectivity
- NN lease in place through January 2031 for predictable income
- Strong demographics with average household income over $64,000
EXECUTIVE SUMMARY
SVN is pleased to offer this former combo Dollar Tree | Family Dollar property For Sale at $900,000 in Willow Springs, MO. Although the tenant has vacated, the lease remains in place with over 5 years of term remaining. The property has 320' of frontage along E Main St with 147'on N Cherry St and 33 parking spaces. The property can be entered from both streets providing easy accessibility. It is zoned B-2 Commercial with 1.05 acres of total land area. The taxes in 2024 were $0.93/SF. Tenant is responsible for all expenses other than insurance.
This property is situated in the quaint town of Willow Springs, MO. The property is off of East Main Street just minutes from Highway 60. Neighboring businesses include O'Reilly Auto Parts, FedEx OnSite, Dollar General, United State Postal Service, Town and Country Supermarket, Tractor Supply Co, Simmons Bank, and many others.
Lee McLean III, SIOR, CCIM serves as a Senior Advisor for SVN Commercial in the Springfield Missouri metro area. Lee holds the SIOR & CCIM designation, a Brokers-Associate real estate license and ranks in the top 3% of SVN International.
This property is situated in the quaint town of Willow Springs, MO. The property is off of East Main Street just minutes from Highway 60. Neighboring businesses include O'Reilly Auto Parts, FedEx OnSite, Dollar General, United State Postal Service, Town and Country Supermarket, Tractor Supply Co, Simmons Bank, and many others.
Lee McLean III, SIOR, CCIM serves as a Senior Advisor for SVN Commercial in the Springfield Missouri metro area. Lee holds the SIOR & CCIM designation, a Brokers-Associate real estate license and ranks in the top 3% of SVN International.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
11,060 SF
Building Class
C
Year Built
2022
Price
$900,000
Price Per SF
$81.37
Cap Rate
11.60%
NOI
$104,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.05 AC
Zoning
B-2 Commercial
Parking
33 Spaces (2.98 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 03-9.0-30-001-032-003.00000 | Improvements Assessment | $230,230 |
| Land Assessment | $16,730 | Total Assessment | $246,960 |
PROPERTY TAXES
Parcel Number
03-9.0-30-001-032-003.00000
Land Assessment
$16,730
Improvements Assessment
$230,230
Total Assessment
$246,960
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503 E Main St
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