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102 Shelby Plaza Road

Shelbina, MO 63468
  • $550,000
  • STATUS: Pending
  • ON SITE: 230 Days
  • ID#: 21040562
Pending
$550,000
  • 0
    BEDS
  • 1.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 23,800
    SQFT
  • $23
    $/SQFT
Type:
Commercial
Built:
1969
County:

School Ratings & Info

Description

Orscheln Farm and Home's Lease has just been extended to May 31, 2029! This stable, four Tenant, 23,800 sf investment is 100% Leased & is anchored by a Orscheln Farm and Home store is priced to sell at 10.30%+/- Cap Rate! Orscheln Farm & Home Center has a regional customer draw with its access & visibility to & from the two major area highways, US 36 & Hwy 15. Recent roof repairs, new gutters & paint on the entire building. Neighboring business are C & R Market (grocery store), Dollar General, Salt River Community Care(which is a 120 bed skilled nursing facility), Shelbina License Bureau, gas stations, restaurants, and more! Orscheln Farm and Home occupies 20,600+/- sf & has been a Tenant for over 30 yrs., Edward Jones occupies 1,600 sf, American Family Ins. occupies 800 sf and the Cruse Law Firm, 800 sf. Orscheln has been operating 165+/- stores in eleven states and is being purchased by Tractor Supply, a large national retail chain. Financials are available upon request.

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Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-01-26T23:38:59.297.

Friend Real Estate | eXp Realty: 573-207-6033
www.teamfriendhomes.com/homes/118113200
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102 Shelby Plaza Road Shelbina, MO 63468

  • Price: $550,000
  • Status: Pending
  • On Site: 230 Days
  • ID#: 21040562
0
Beds
0
Baths
0
½ Baths
1.6
Acres
23,800
SQFT
$23
$/SQFT
1969
Built
Neighborhood:
Orscheln Farm And Home Center
County:
Shelby
Area:
Shelby County R-4
Property Description
Orscheln Farm and Home's Lease has just been extended to May 31, 2029! This stable, four Tenant, 23,800 sf investment is 100% Leased & is anchored by a Orscheln Farm and Home store is priced to sell at 10.30%+/- Cap Rate! Orscheln Farm & Home Center has a regional customer draw with its access & visibility to & from the two major area highways, US 36 & Hwy 15. Recent roof repairs, new gutters & paint on the entire building. Neighboring business are C & R Market (grocery store), Dollar General, Salt River Community Care(which is a 120 bed skilled nursing facility), Shelbina License Bureau, gas stations, restaurants, and more! Orscheln Farm and Home occupies 20,600+/- sf & has been a Tenant for over 30 yrs., Edward Jones occupies 1,600 sf, American Family Ins. occupies 800 sf and the Cruse Law Firm, 800 sf. Orscheln has been operating 165+/- stores in eleven states and is being purchased by Tractor Supply, a large national retail chain. Financials are available upon request.
Exterior Features

Attached Garage YN No Construction Materials Other Lot Size Dimensions 386' X 187'Irregular Lot Size Source County Records Parking Features ConcreteLighted ParkingParking Lot Road Frontage Type City StreetPrivate RoadState Road Roof MetalPitched Unit Location CityCorner LocationHigh TrafficHwy/Interstate FrntgRetail CenterRural

Interior Features

Above Grade Finished Area Source Owner Building Square Footage 23800.00 Cooling Electric Heating Forced Air Heating YN Yes

Property Features

Association St. Louis Association Of Realtors Business Name Orscheln Farm And Home Center Commercial Type Commercial LandOffice LandRetail Cross Street Us Highway 36 And Highway 15 Current Use One StoryFreestandingMixed UseRetail Strip CenterStore FrontOfficeOtherProfessional/OfficeOfficeOtherProfessional ServiceRetailShopping CenterWarehouse Disclosures UnknownCityFlood Plain NoSellers Discl Not Av Documents Available Aerial PhotosFloor PlanLeasesOther Electric Single Phase Existing Lease Type Modified Gross Inclusions Building & LandSubject To Lease Miscellaneous Building SignDisplay WindowExterior LightingPole Sign Net Operating Income 56797 Operating Expense Includes MaintenanceInsuranceReal Estate TaxWater/Sewer Possession Close Of Escrow Possible Use ManufacturingOfficeOffice ShowroomOtherPersonal ServiceProfessional ServiceRetailShopping Center Property Sub Type Commercial & Indr. Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 6828 Tax Year 2020 Transaction Type Sale Utilities Electricity AvailableWater AvailableSewer AvailablePhone Available Water Source Public Zoning C-1Commercial District

Listing provided courtesy of Keller Williams Realty West. Listing information © 2022 Mid America Regional Information Systems, Inc.
Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-01-26T23:38:59.297.

Friend Real Estate | eXp Realty: 573-207-6033
 
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