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165 Southtowne Blvd

10,500 SF 71% Leased Retail Building Hollister, MO 65672 $1,630,000 ($155/SF) 8.10% Cap Rate

Executive Summary

FULLY LEASED 10,500 sq ft of retail center for sale as investment property in fast growing Hollister area.
Building has a 4,500 sq ft restaurant and three (4) 1,500 sq ft of retail bays.
Copy of pro-forma and leases available.
Building is just South of Lowes along Hwy 65 and West of Hollister Industrial Park.
Retail Center consists of five spaces:
Restaurant - El Patio: 4,500 sf
165A - Vapor 100: 1,500 sf
165B - Vapor 100: 1,500 sf
165C - Active Arcade: 1,500 sf
165D - Cash Advance: 1,500 sf
* NEW ROOF RECENTLY INSTALLED

Retail Center consists of five spaces:
165 A Cash Advance 1,500 sf
165 B Spring Nail Spa 1,500 sf
165 C vacant 1,500 sf
165 D vacant 1,500 sf
165 E,F,G Restaurant 4,500 sf

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,500 SF
Building Class
C
Year Built
2001
Price
$1,630,000
Price Per SF
$155
Cap Rate
8.10%
NOI
$132,030
Percent Leased
71%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.60 AC
Zoning
C
Parking
50 Spaces (4.76 Spaces per 1,000 SF Leased)
Frontage
217 FT on Southtowne

About 165 Southtowne Blvd , Hollister, MO 65672

Building is just South of Lowes along Hwy 65 and West of Hollister Industrial Park.

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Finance and Insurance
  • 1,500 SF
  • -
  • -

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  • Beautiful Spring Nail Spa
  • Services
  • 500 SF
  • -
  • -
  • El Patio
  • Retailer
  • 4,500 SF
  • -
  • -
  • Services
  • -
  • -
  • -

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Tenant Industry SF OCCUPIED RENT/SF Lease End
Finance and Insurance 1,500 SF - -
Beautiful Spring Nail Spa Services 500 SF - -
El Patio Retailer 4,500 SF - -
Services - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • C
  • 1,500 SF
  • Retail
  • -
  • Now

Suite C: 1,500 sq. ft. @ $12.50/sq. ft. Back storage area, and restroom, remaining space is open. NNN: $2/sq. ft.

  • D
  • 1,500 SF
  • Retail
  • -
  • Now

1,500 sq. ft. office / retail space. Open front area with back storage and restroom. Space is finished including carpeting. Quick ready move in. Total monthly rent including NNN is $2,100/mo.

Space Size Space Use Position Available
C 1,500 SF Retail - Now
D 1,500 SF Retail - Now

C

Size
1,500 SF
Space Use
Retail
Position
-
Available
Now

D

Size
1,500 SF
Space Use
Retail
Position
-
Available
Now

C

Size 1,500 SF
Space Use Retail
Position -
Available Now

Suite C: 1,500 sq. ft. @ $12.50/sq. ft. Back storage area, and restroom, remaining space is open. NNN: $2/sq. ft.

D

Size 1,500 SF
Space Use Retail
Position -
Available Now

1,500 sq. ft. office / retail space. Open front area with back storage and restroom. Space is finished including carpeting. Quick ready move in. Total monthly rent including NNN is $2,100/mo.

Nearby Major Retailers

Starbucks
United Rentals

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-4.0-17-000-000-003.009
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$186,460
  • Listing ID: 21956584

  • Date on Market: 10/23/2019

  • Last Updated:

  • Address: 165 Southtowne Blvd, Hollister, MO 65672

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