2113 S Geneva Ave
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2113 S Geneva Ave
21,050 SF Retail Building Joplin, MO 64801 $3,600,000 ($171/SF) 7.25% Cap Rate
Executive Summary
• Double Net Lease Investment
• Landlord handles roof, exterior structure, parking lot, and HVAC repairs over $500 per unit
• 5+ Years remaining on lease
• Largest Franchise Group in the Country with strong guaranty
• Strategically located next to Home Depot in the busiest retail corridor in Joplin
• Ample parking
• Landlord handles roof, exterior structure, parking lot, and HVAC repairs over $500 per unit
• 5+ Years remaining on lease
• Largest Franchise Group in the Country with strong guaranty
• Strategically located next to Home Depot in the busiest retail corridor in Joplin
• Ample parking
Property Facts
Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Health Club
Building Size
21,050 SF
Year Built
2017
Price
$3,600,000
Price Per SF
$171
Cap Rate
7.25%
NOI
$260,841
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Land Acres
3.10 AC
Parking
132 Spaces (6.27 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Signage
- Air Conditioning
Nearby Major Retailers
-
Jordan Jeter, CCIM -
Matt Strom, CCIM -
Kelley Commercial Partners
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2113 S Geneva Ave
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