4415 McMaster's Avenue, Hannibal, MO
Listing was updated at: 07/23/2019
Property Overview
Price/Rent PSF $ 1,950,000.00
Asset Type Retail
Trade Type Sale & Lease
SQ. FT. Available 80,880
Date Available 07/23/2019
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Description

Location
Hannibal, Mo is located in Marion and Ralls County and is a community of approximately 18,000 people. The community's trade area serves an estimated 39,180 residents of rural Missouri and Illinois, and is located along the Mississippi River in northeast Missouri, approximately 100 miles north of St. Louis. The community is intersected by Highway 61 (Avenue of the Saints) and Highway 36 (Chicago to Kansas City Expressway). Hannibal provides convenient, four-lane highway access to St. Louis, Kansas City, Chicago, Memphis, Des Moines, and Minneapolis.

Sale
We are pleased to bring to the market the Sutherland Lumber Company retail property. This is a unique opportunity for an investor to acquire a retail property with significant upside potential. An Aldi grocery store is attached as a shadow anchor. The approximate 80,880 square feet of contiguous space presents the opportunity for large retail space users or can be divided(which will provide an additional upside to increase the rental income). There is undeveloped outlot potential. This property is located along the main retail corridor of Highway 61/McMaster's Ave. with approximately 355 feet of frontage. A franchisee Taco Bell owner sits in an outlot position on the property.

This investment offers an excellent upside opportunity for an investor to be an owner/user or to offer for lease upon a large chunk of prime retail, real estate along the most active retail corridor in the area with traffic 25,256 VPD(MODOT 2015)

Lease
We are pleased to bring to the market the Sutherland Lumber Company retail property. This is a unique opportunity for an investor to acquire a retail property with significant upside potential. An Aldi grocery store is attached as a shadow anchor. The approximate 80,880 square feet of contiguous space presents the opportunity for large retail space users or can be divided(which will provide an additional upside to increase the rental income). There is undeveloped outlot potential. This property is located along the main retail corridor of Highway 61/McMaster's Ave. with approximately 355 feet of frontage. A franchisee Taco Bell owner sits in an outlot position on the property.

This investment offers an excellent upside opportunity for an investor to be an owner/user or to offer for lease upon a large chunk of prime retail, real estate along the most active retail corridor in the area with traffic 25,256 VPD(MODOT 2015)

Location