For Sale
For Sale
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Total Building Size
23,800 RSF
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Overview
This stable, four Tenant real estate investment is anchored by a Orscheln Farm and Home store and is priced to sell at at great investor Cap Rate! Shelby Plaza Shopping Center is located in Shelbina, MO and has a regional customer draw with its access & visibility to & from the junction of two major area highways, US 36 and Highway 15. Neighboring business are C & R Market (grocery store), Dollar General, Salt River Community Care(which is a 120 bed skilled nursing facility), Shelbina License Bureau, gas stations, restaurants, and more! The Plaza is 100% leased with 4 Tenants that occupy 23,800 +/- square feet, most of the Tenants have been there long term. The parking lot and driveway in front are concrete. Orscheln occupies 20,600+/- sf and has been a Tenant for over 30 yrs., Edward Jones occupies 1,600 sf, American Family Ins. occupies 800 sf and the Cruse Law Firm, 800 sf. Orscheln owns & operates 165 stores located in eleven states. Financials & other information are available.
Property Details
Shelby Plaza Shopping Center, an Orscheln Farm and Home Anchored Retail/Office Investment
This stable, four Tenant real estate investment is anchored by a Orscheln Farm and Home store and is priced to sell at at great investor Cap Rate! Shelby Plaza Shopping Center is located in Shelbina, MO and has a regional customer draw with its access & visibility to & from the junction of two major area highways, US 36 and Highway 15. Neighboring business are C & R Market (grocery store), Dollar General, Salt River Community Care(which is a 120 bed skilled nursing facility), Shelbina License Bureau, gas stations, restaurants, and more! The Plaza is 100% leased with 4 Tenants that occupy 23,800 +/- square feet, most of the Tenants have been there long term. The parking lot and driveway in front are concrete. Orscheln occupies 20,600+/- sf and has been a Tenant for over 30 yrs., Edward Jones occupies 1,600 sf, American Family Ins. occupies 800 sf and the Cruse Law Firm, 800 sf. Orscheln owns & operates 165 stores located in eleven states. Financials & other information are available.
- Property TypeOffice
- Sale Price$525,000
- Total Building Size23,800RSF
- Total Acres1.6
- Cap Rate11.0%
- Property ID2089615