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1591 N Highway 63

10,500 SF 100% Leased Retail Building Houston, MO 65483 £480,605 (£46/SF) 9.50% Net Initial Yield

Executive Summary

PROPERTY OVERVIEW
Thank you for viewing this 100% leased retail center for Sale in Houston, MO. Located on US Highway 63, this
center offers maximum visibility and accessibility from the city's busiest travel corridor. The 10,500
building, valued at a 9.5% Cap, features seven individual suites, leased to a variety of tenants including
LendNation, Houston License Office and more. Please contact the listing agent for additional information
and financials. Do not disturb tenants. Shown by appointment only. Thank you
LOCATION OVERVIEW
Located on Highway 63 and nestled within the heart of the Ozarks in South Central Missouri, this property
sits in the city of Houston, offering warm hospitality, beautiful natural scenery and proud history that has laid
the foundation for an exciting future. Houston, which is the County seat of Texas county and its over 20,000
residents, has all the amenities of a bigger city with the small-town feel of rural America.
Streets are lined with beautiful historic houses and newly built single-family homes. The downtown is home
to several small boutique stores and spas. Many national retailers also call Houston home. These include
Walgreens, Dollar Tree, Taco Bell, Casey's, McDonald's, Walmart, Dollar General, Sonic, Pizza Hut and more.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
10,500 SF
Building Class
B
Year Built
2002
Price
£480,605
Price Per SF
£46
Net Initial Yield
9.50%
NOI
£45,658
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1

Amenities

  • Storage Space
  • Air Conditioning
  • Listing ID: 34331243

  • Date on Market: 31/12/2024

  • Last Updated:

  • Address: 1591 N Highway 63, Houston, MO 65483

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