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624 S Westwood Blvd
Poplar Bluff, MO 63901
Retail Property For Sale
Investment Highlights
- 15 Year NNN Lease, with 14 years remaining
- 2% Annual Rental Increases
- Surrounded by Automotive Dealerships (Chevrolet/Cadillac, Buick/GMC, Ford, Toyota, Carmart)
- JHCC Holdings, LLC Lease
- Excellent Location, Visibility & Access on S. Westwood Blvd. (Poplar Bluff's Primary Retail Corridor)
Executive Summary
Introducing a prime STNL retail investment opportunity in Poplar Bluff, MO! Subject property was previously operating as a CARSTAR franchise with a long standing history and reputation before being acquired by Joe Hudson Collision Center. The sale of the business, included a 15 year NNN lease with JHCC Holdings, LLC including 2% annual rental increases and no landlord obligations. The length of lease, credit of the Tenant, lack of Landlord responsibilities, low rental rate psf, long operating history as a collision center and prime location on Poplar Bluff's main retail corridor (N. Westwood Bvld./Business 67) position this property as an excellent investment opportunity.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
25,730 SF
Building Class
C
Year Built
1998
NOI
$154,224
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
1.48 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Frontage
Amenities
- Signage
Property Taxes
| Parcel Number | 109-13-02-03-0-003-018-003-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $211,590 |
Property Taxes
Parcel Number
109-13-02-03-0-003-018-003-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$211,590
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