3434 South Rangeline Road
Joplin, MO
Price:
$6,454,568
Cap Rate:
4.75%
NOI:
$306,592
Building Size:
Approx. 4,958 Sq. Ft.
Lot Size:
Approx. 1.13 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2016
Investment Overview
- 2016 Construction. 4,958+/- SF Building on 1.13+/- Acre Site
- Subject Property is Eligible for 100% Bonus Depreciation in Year 1
- Approx. 14 Yrs Remaining on Corporate Abs. NNN Lease w/ 7.5% Rental Increases
- Excellent Location at Signalized Intersection of S Rangeline Rd (35K VPD)
- Near McDonalds, Starbucks, Sonic, Chick-fil-A, Sonic, Texas Roadhouse, Target, etc.
- Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
- Richton Park | 30 Min from Chicago | Ranks in Upper Quartile for Population Density
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