102 Shelby Plaza Road

    Shelbina, MO 63468
    • $575,000
    • STATUS: Active
    • ON SITE: 113 days
    • ID#: 19038533
    UPDATED: 76 min ago
    $575,000
    • 0
      BEDS
    • 1.6
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 23,800
      SQFT
    • $24
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1969
    County:

    School Ratings & Info

    Description

    This stable, four Tenant real estate investment is anchored by a Orscheln Farm and Home store and is priced to sell at 9.2%+/- 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.

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    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-09-15T10:49:05.013.

    Holden Realty Group - RE/MAX Preferred: 618-531-4887
    www.holdenrealtygroup.com/homes/95167473

    102 Shelby Plaza Road Shelbina, MO 63468

    • Price: $575,000
    • Status: Active
    • Updated: 76 min ago
    • ID#: 19038533
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.6
    Acres
    23,800
    SQFT
    $24
    $/SQFT
    1969
    Built
    Neighborhood:
    None
    County:
    Shelby
    Area:
    Shelby County R-4
    Property Description
    This stable, four Tenant real estate investment is anchored by a Orscheln Farm and Home store and is priced to sell at 9.2%+/- 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.
    Exterior Features

    Building Type 1 StoryMixed UseRetail Strip CenterStore FrontOffice BuildingOther Building Type Construction Other Exterior Metal Or Steel Land Info Included Lot Dimensions 386' X 187'Irregular Parking Description ConcreteLighted ParkingParking Lot Road Access City StreetPrivateState Highway Road Frontage 926 Roof MetalPitched/Sloped Unit Location CityCorner LocationHigh TrafficHwy/Interstate FrntgRetail Center

    Interior Features

    Cooling Central-Electric Heating Forced Air Interior Walls DrywallOther Interior Walls Miscellaneous Building SignDisplay WindowExterior LightingOutside StoragePole Sign Sq Ft First Floor 23800

    Property Features

    Association St. Louis Association of REALTORS Building Fuel Gas Business Name OrschelnEdward JonesAmerican Family Commercial Lease Type Modified Gross Commercial Property Type Commercial LandOffice LandRetail Conditions Unknown Cross Street Address Us Highway 36 And Highway 15 Current Use Office/GeneralOfficeOther/Call LaProfessional ServiceRetailShopping CenterWarehouse Disclosures CityFlood Plain NoSellers Discl Not Av Docs Avail At Office Aerial PhotoFloor PlanLeasesOther Additional Inf Drive In Doors 1 Electric Service Single Phase Gross Operating Income 71400.00 Lease Terms 3 Years Or LessOther/Call La Lot Size Source Owner Net Income 52717.00 Offering Sale Operating Expense MaintenanceProperty InsuranceReal Estate TaxWater & Sewer Possession At Closing Possible Buyer Fees YN Yes Potential Use ManufacturingOffice/GeneralOffice ShowroomOther/Call LaPersonal ServiceProfessional ServiceRetail OperationShopping Center Sale Includes Building & LandSubject To Lease Selling Terms CashConventionalSpecl Fincg Call AgtOther Sewer Public Special Listing Conditions None Square Footage Source Owner Tax Exempt 0 Tax Year 2018 Taxes Paid 6784 Total Expenses 18671.00 Utilities Available ElectricWaterSewerTelephone Water Public Zoning Commercial

    Listing provided courtesy of Keller Williams Realty West. Listing information © 2019 Mid America Regional Information Systems, Inc.
    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-09-15T10:49:05.013.

    Holden Realty Group - RE/MAX Preferred: 618-531-4887
     
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