Rolla Center | 1050-1056 S Bishop Ave
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Rolla Center 1050-1056 S Bishop Ave
84,170 SF 100% Leased Retail Building Rolla, MO 65401 £2,776,811 (£33/SF) 10% Net Initial Yield
Executive Summary
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.
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.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
84,170 SF
Building Class
C
Year Built
1974
Price
£2,776,811
Price Per SF
£33
Net Initial Yield
10%
NOI
£277,712
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Loading Docks
2 Exterior
Building FAR
0.28
Land Acres
6.89 AC
Zoning
General Retail
Parking
390 Spaces (4.63 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 71-09-6.0-14-003-002-002.000 | Improvements Assessment | £282,137 |
| Land Assessment | £244,838 | Total Assessment | £526,974 |
PROPERTY TAXES
Parcel Number
71-09-6.0-14-003-002-002.000
Land Assessment
£244,838
Improvements Assessment
£282,137
Total Assessment
£526,974
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Tony Alqam -
A&M Realty Inc
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Rolla Center | 1050-1056 S Bishop Ave
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