1703-1745 E Ohio St - Freestanding FOR SALE


Clinton, MO 64735
$2,400,000 USD
816-556-1161
1703-1745 E Ohio St, Clinton, MO for Sale
$2,400,000 USD
Freestanding - FOR SALE
1/9
null | 9.15% Cap Rate

1703-1745 E Ohio St
Clinton, MO 64735


HIGHLIGHTS

  • Building Area (rentable square feet): 22,057
  • Occupancy: 100.00%
  • Tenants (8/1/2024): 12
  • Buildings: One
  • Zoning: RC
  • Zoning Description: Commercial

OVERVIEW

Cedars Shopping Center (the “Property”) is a multi-tenant retail strip center. The 22,057-square-foot property is fully stabilized with a mix of national and local tenants. The Property is located north of State Highway 7 in Clinton, Missouri, a busy retail corridor running through the center of town. In July 2024, the Property had approximately 103,000 monthly visits, and 32,000 individual visitors. The Property benefits from having a McDonald’s, Wendy’s, and Subway in the outparcel lots, driving higher traffic to the center.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$109 USD /SF

CAP RATE

9.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cedars Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

106

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,476 SF

ZONING

RC

APN/PARCEL ID

18-1.0-01-003-019-009.000

ASK ABOUT THIS PROPERTY

Ben Boyd CCIMColliersMore Info
816-556-1161

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Ben Boyd CCIMColliersMore Info
816-556-1161

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