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Lowell Tune

tune@unitedcountryteam.com +1(573) 516-7559

$ 1,630,000

Est. payment | -/mo

5 Baths

1.6 Acres Lot

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$ 1,630,000

Est. payment | -/mo

Save

5 Baths

1.6 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Southtowne Center

MLS Listing ID SOM60337086

Full Baths 5

Year Built 2001

Annual Tax Amount $11,055

Tax Year 2025

Lot Size 1.600 Acres

Acres 1.6

Lot Dimensions 368X188.9

Property Sub-Type Retail

Source somo

Property Description

Positioned in the fast-growing Hollister market just south of Lowe's along Highway 65 and west of the Hollister Industrial Park, Southtowne Retail Center is a well-located 10,500 SF investment property offering stable income and recent capital improvements. Built in 2001 on approximately 1.6 acres (368' frontage, 368' 188' m/l lot) and zoned CR, the center is fully occupied by a mix of restaurant and retail tenants.Tenant mix: El Patio Restaurant: 4,500 SFVapor 100: two 1,500 SF bays (165A & 165B)Magnolia Rose Boutique: two 1,500 SF bays (165C & 165D)Financial Highlights Asking Price: $1,630,000 NOI: $136,633 Cap Rate: 8.4% Total Annual Income: $162,864 (including $8,064 billboard revenue) Current leases extend through late 2028, with Magnolia Rose Boutique leases commencing January 1, 2027 and running through 2032 Proforma is below and leases available upon requestRecent upgrades include a new roof and approximately $20,000 in mechanical work completed. The property benefits from high-visibility Highway 65 access near the College of the Ozarks intersection, strong local traffic, and proximity to retail and industrial activity in the Hollister/Branson area.Ideal for an investor seeking a turnkey retail center with in-place income, modest upside potential as newer leases take effect, and a solid 8.4% capitalization rate in a growing Missouri market.

Location

State MO

County Taney

Area 10500

Direction Turn off Hwy 65 @ Hollister (College of the Ozarks) intersection, go east under Hwy 65, turn left @ Walgreens stop light, turn left on Southtowne Blvd, property on left.

Interior

Heating Floor Furnace, Gas

Cooling Electric, Central Air

Fireplace No

Heat Source Floor Furnace, Gas

Exterior

Parking Features 20+ Spaces

Utilities Available Water Available, Natural Gas Available, Electricity Available, Separate Meters

Waterfront Description None

View City

Roof Type Metal

Listed by Galen B Pellham Murney Associates - Primrose

Nearby Locations

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+1(573) 516-7559

tune@unitedcountryteam.com

165 Southtowne BLVD Hollister, MO 65672

Lowell Tune

Key Details

Location

Interior

Exterior

Nearby Locations

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165 Southtowne BLVD