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  • $3,725,000
  • 1050-1056-S-Bishop-Ave-Rolla-MO-Building-Photo-1-LargeHighDefinition
  • 2024-04-30
  • 1050-1056-S-Bishop-Ave-Rolla-MO-Building-Photo-3-LargeHighDefinition
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1050-1056 S Bishop Ave - 1050-1056 S Bishop Ave For sale Current Shopping Centers

1050-1056 S Bishop Ave, Rolla, 65401, MO

 Description

1050-1056 S Bishop AveA&M Realty Inc. is excited to offer the chance to purchase a 100% fee simple interest in 1050 S Bishop Ave, an +/- 84,170 SF multi-tenant property located in Rolla, MO. New Asking Price: $3,725,000 Cap Rate: 9.29% Building Size/GLA: +/- 84,170 SF Year Built: 1974 Occupancy: 100% Zoning: Commercial Property Highlights: Prime Location: Positioned on Highway 63 (S Bishop Ave), a major north/south route with over 17,942 vehicles per day (VPD). Full Occupancy: Completely leased to reputable tenants: Planet Fitness, Bealls, and JCPenney. Excellent Visibility: Prominent signage and clear view to S Bishop Ave, ensuring high exposure. Investment Highlights: Reliable Income: Fully leased units provide a steady income stream. Strong Tenants: Planet Fitness: One of the largest fitness club franchises with about 2,400 clubs. Bealls Inc: Operates over 600 retail stores nationwide with annual sales over one billion dollars. JCPenney: A major retailer attracting over 84,100 annual repeat customer visits (placer.ai). Strategic Location: High Traffic Area: Located near major retailers like Hobby Lobby, Harbor Freight Tools, and Big Lots. Close to Retail Hub: Less than a mile from Wal-Mart Super Center, which draws approximately 10,000 visits per day (placer.ai). Don’t miss this outstanding investment opportunity in a thriving commercial area.

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  Tony Alqam

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