1050-1056 S Bishop Ave - Storefront FOR SALE


Rolla, MO 65401
$3,540,000 USD
314-267-4408
1050-1056 S Bishop Ave, Rolla, MO for Sale
$3,540,000 USD
Storefront - FOR SALE
1/41
null | 10% Cap Rate

1050-1056 S Bishop Ave
Rolla, MO 65401


OVERVIEW

A&M Realty Inc. is excited to offer the chance to purchase a 100% fee simple interest in 1050 S Bishop Ave, an +/- 84,170 SF multi-tenant property located in Rolla, MO. New Asking Price: $3,540,000 Cap Rate: 10% Building Size/GLA: +/- 84,170 SF Year Built: 1974 Occupancy: 100% Zoning: Commercial Property Highlights: Prime Location: Positioned on Highway 63 (S Bishop Ave), a major north/south route with over 17,942 vehicles per day (VPD). Full Occupancy: Completely leased to reputable tenants: Planet Fitness, Bealls, and JCPenney. Excellent Visibility: Prominent signage and clear view to S Bishop Ave, ensuring high exposure. Investment Highlights: Reliable Income: Fully leased units provide a steady income stream. Strong Tenants: Planet Fitness: One of the largest fitness club franchises with about 2,400 clubs. Bealls Inc: Operates over 600 retail stores nationwide with annual sales over one billion dollars. JCPenney: A major retailer attracting over 84,100 annual repeat customer visits (placer.ai). Strategic Location: High Traffic Area: Located near major retailers like Hobby Lobby, Harbor Freight Tools, and Big Lots. Close to Retail Hub: Less than a mile from Wal-Mart Super Center, which draws approximately 10,000 visits per day (placer.ai). Don’t miss this outstanding investment opportunity in a thriving commercial area.

FOR SALE DETAILS

PRICE

$3,540,000 USD

PRICE/SF

$42 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rolla Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

390

LAND DETAILS

LAND ACRES

6.89 AC

LAND SF

300,128 SF

ZONING

General Retail

APN/PARCEL ID

71-09-6.0-14-003-002-002.000

ASK ABOUT THIS PROPERTY

Tony AlqamA&M Realty IncMore Info
314-267-4408

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Tony AlqamA&M Realty IncMore Info
314-267-4408

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.