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$ 699,000
Est. payment | /mo
9 Baths
1.12 Acres Lot
$ 699,000
Est. payment | /mo
9 Baths
1.12 Acres Lot
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID SOM60282777
Full Baths 9
Originating Board somo
Year Built 2009
Annual Tax Amount $6,625
Tax Year 2024
Lot Size 1.120 Acres
Acres 1.12
Property Sub-Type Other
Property Description
Turnkey Investment Opportunity! Mustang Plaza, a fully occupied 9-unit, 9,636 sq. ft. multi-tenant strip center in Anderson, MO, delivers a solid 8.5% cap rate with an asking price of $699,000. Located just off I-49, this prime commercial property is within 15 miles of the Arkansas state line, making it an excellent choice for businesses serving both Missouri and Northwest Arkansas.✅ 100% Occupancy - Reliable rental income with several long-term tenants.✅ Strategic Location - Quick access to I-49, ideal for business owners and investors looking to tap into the Northwest Arkansas market.✅ Seller-Paid Ground Lease Through 2027! - The property sits on leased ground at $1,500/month, but to ease buyer concerns, the seller will cover all ground lease payments through the September 2027 renewal period, when the land can be purchased.Whether you're looking for a high-yield investment or a strategically located business space, this is a rare opportunity with built-in income and future flexibility. Schedule your showing today!
Location
State MO
County Mcdonald
Area 9635
Direction Hwy 49 to Exit 10 Anderson. West on Hwy 76.
Interior
Heating Electric
Cooling Central Air
Fireplace No
Heat Source Electric
Exterior
Waterfront Description None
Roof Type Composition
Listed by Nina Moser ReeceNichols - Neosho
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Lisa Reed
Broker | License ID: 2022042787