Large - scale triple-net passive investment opportunity in the heart of Joplin, with a capitalization rate of 7.96%. This Food 4 Less grocery store sits on the South side of 32nd Street, with its own stoplight. It has enjoyed a tremendous amount of success in recent years, and should serve as a solid investment for years to come. In addition to the grocery store itself, this listing includes a fully leased 5,000 sf. retail building on the 32nd Street frontage, and a partially leased 7,200 sf. warehouse at the rear of the building. Both are on separate tax parcels, so could be easily split off and resold, redeveloped, or retained for passive income without affecting, and without encumbrances from, the Food 4 Less lease.Rent rolls and leases available upon request.
Courtesy of: BUTTRAM COMMERCIAL REAL ESTATE LLC Listing information provided courtesy of the Ozark Gateway Association of Realtors. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 22nd June, 2021 6:41 AM