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Rolla, NEW - 12% CAP Retail Center, w/ 16.8% CAP upside | 1050 N Bishop Ave Rolla MO | 6005269346

Rolla, NEW - 12% CAP Retail Center, w/ 16.8% CAP upside

Location:
1050 N Bishop Ave, Rolla, MO
Description:

NEW - 12% CAP Rolla Retail Center, w/ 16.8% CAP upside84,170 Square Foot Free Standing Retail Center in Rolla MissouriThis asset is priced at $33 / sf, which is less than 1/2 of replacement costWell located with 420 parking spaces and excellent visibility.Stabilized Cash Flow with Planet Fitness 10 year lease, plus JCPenny till 2023 and upside with the vacant unit of 15,000'.12% CAP on current in place Net Operating Income and +/- 16.8% CAP when vacant unit is leased.Area retailers include Walmart, Kohl’s, Lowe’s, Hobby Lobby, Menards, Big Lots, & StaplesRolla is home to Missouri University of Science & TechnologyCarslile Golden Roofing Warranty thru 2023PF thru 2028. JCP thru 2023.Priced at $2,400,000 (Yes...only $29 / SF!!!)For more information, please call, text or email the Listing Agent. Thank you.
Property Type:
Retail Property for rent
Sq feet:
84,170 sq. ft.
Amenities:
Parking
Posted:
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More About this Listing: Rolla, NEW - 12% CAP Retail Center, w/ 16.8% CAP upside
Rolla, NEW - 12% CAP Retail Center, w/ 16.8% CAP upside is a Retail Property for rents for Rent at 1050 N Bishop Ave in Rolla MO. Find other listings like Rolla, NEW - 12% CAP Retail Center, w/ 16.8% CAP upside and listings near 1050 N Bishop Ave by searching Oodle Classifieds for Retail Property for rents for Rent in Rolla MO.