9% "In Place" 2019 CAP Rate/ 100% Occupied Retail Center In Branson, MO.
Listing was updated at: 09/04/2019
Property Overview
Price/Rent PSF $ 3,490,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 39,564
Date Available 09/04/2019
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Parking 114
Floors 2
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Description

Location
Located on the famous Branson Hwy. 76. Across the street from Walmart, the Branson Mall and Price Chopper grocery store. Nearby rear street access from Hwy 76 East for easy travel to all parts of the Branson market. Surrounded by live theaters, shopping, attractions, restaurants and lodging properties.

Sale
This property has maintained a high occupancy level for over a decade. Current leasing and management team have operated this property for more than 17 years. Opportunity to bump rents in lower level as several tenants are paying CAM's only and are month to month. New development is planned to occur at the rear of this property and several tenants are due to renew or are currently on a month to month term and wish to renew. The market will offer an opportunity to increase rents soon as the retail market is just over 95% city wide occupancy rates.

Location