Investment Opportunity in Ozark

Shopping Center for Sale
Sale Pending
Catylist Listing ID: 30268121
Property Subtypes: Fashion/Specialty, Mixed Use, Neighborhood Center, Other
Status: Pending
Building Size (RSF): 14,000 SF
Gross Land Area: 2.12 Acres
Sale Price: $1,099,000
Unit Price: $78.50 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: James River Crossing
Usable Size (USF): 14,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/11/2018

Overview / Comments

James River Crossing is located just north of the Hwy 65 and Hwy J intersection in Ozark, MO. This ±14,000 sq. ft. brick retail/office building is a great value added investment opportunity with 5 tenants and only ±3,500 sq. ft. vacant. The building sits on a ±2.12 acre lot including the lush green space in front of the parking lot for possible expansion area.

Current tenants include; Great American Title, Solar Solutions of MO, Ozarks Elder Law, Edward Jones and Jay Jones Agency. Other surrounding businesses include a wide variety of restaurants, financial institutions, medical services, churches, child-care facilities and unique shopping.

Ozark is located on US Highway 65 between Springfield and Branson with an approximate travel time to Springfield of 10 minutes and 25 minutes to Branson.

Ozark is a thriving community that is experiencing rapid growth in the residential and commercial areas. Ozark enjoys a small-town feel with all the amenities of being in a metropolitan area and its prime location offers the big city advantages with the small town atmosphere with friendly neighbors and a relaxed pace.

2017 Real Estate Tax = $19,598.29

Contact Ken Schwab at 417.890.3226 or kschwab@wilhoitproperties.com for more details and to set up a tour.

Current Tenants

Tenant Business Name Great American Title
Is Renting? Yes
Suite Number 1701
SF of Space Occupied 1,750 SF
Current Rent $8 PSF (Annual)
Tenant Business Name Solar Solutions of Missouri
Is Renting? Yes
Suite Number 1703-05
SF of Space Occupied 3,500 SF
Current Rent $6 PSF (Annual)
Tenant Business Name Ozarks Elder Law
Is Renting? Yes
Suite Number 1707
SF of Space Occupied 1,750 SF
Current Rent $8 PSF (Annual)
Lease Expiration 3/2019
Tenant Business Name Edward Jones
Is Renting? Yes
Suite Number 1709
SF of Space Occupied 1,750 SF
Current Rent $8 PSF (Annual)
Lease Expiration 3/2020
Tenant Business Name Jay Jones Agency, Inc.
Is Renting? Yes
Suite Number 1711
SF of Space Occupied 1,750 SF
Current Rent $8 PSF (Annual)
Lease Expiration 12/2018
Tenant Business Name VACANT
Suite Number 1713-15
SF of Space Occupied 3,500 SF

Additional Details

Nearest MSA: Springfield
County: Christian
Tax ID/APN: 11-0.2-03-000-000-002.025
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Recreation, Other
Property Located Between: Hwy J and Farmer Branch Rd
Property Visibility: Excellent
Highway Access: Highway 65
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 2004
Construction/Siding: Brick
Parking Type: Surface
Parking Description: shared parking at your door
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: commercial
Lot Frontage: 200
Lot Depth: 70

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 17,087 66,365
Median Age: 37.03 38.37
Households: 6,498 26,180
The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.