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    2800 E 32nd Street

    Joplin, MO 64804
    • $4,745,000
    • STATUS: Active
    • ON SITE: 419 days
    • MLS #: 202419
    UPDATED: 75 min ago
    $4,745,000
    • 0
      BEDS
    • 8.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 67,537
      SQFT
    • $70
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1992
    County:

    School Ratings & Info

    Description

    Large - scale triple-net passive investment opportunity in the heart of Joplin, with a capitalization rate of 7.96%. This Food 4 Less grocery store sits on the South side of 32nd Street, with its own stoplight. It has enjoyed a tremendous amount of success in recent years, and should serve as a solid investment for years to come. In addition to the grocery store itself, this listing includes a fully leased 5,000 sf. retail building on the 32nd Street frontage, and a partially leased 7,200 sf. warehouse at the rear of the building. Both are on separate tax parcels, so could be easily split off and resold, redeveloped, or retained for passive income without affecting, and without encumbrances from, the Food 4 Less lease.Rent rolls and leases available upon request.

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    © 2021 Ozark Gateway Association of REALTORS® Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Davidson Group | Keller Williams Realty of SWMO. Data last updated: 2021-07-26T08:07:31.043.
    www.thedavidsonrealtygroup.com/homes/106428747
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    2800 E 32nd Street Joplin, MO 64804

    • Price: $4,745,000
    • Status: Active
    • Updated: 75 min ago
    • MLS #: 202419
    0
    Beds
    0
    Baths
    0
    ½ Baths
    8.4
    Acres
    67,537
    SQFT
    $70
    $/SQFT
    1992
    Built
    Neighborhood:
    04 - Joplin City - Se
    County:
    Newton
    Area:
    04 - Joplin City - Se
    Property Description
    Large - scale triple-net passive investment opportunity in the heart of Joplin, with a capitalization rate of 7.96%. This Food 4 Less grocery store sits on the South side of 32nd Street, with its own stoplight. It has enjoyed a tremendous amount of success in recent years, and should serve as a solid investment for years to come. In addition to the grocery store itself, this listing includes a fully leased 5,000 sf. retail building on the 32nd Street frontage, and a partially leased 7,200 sf. warehouse at the rear of the building. Both are on separate tax parcels, so could be easily split off and resold, redeveloped, or retained for passive income without affecting, and without encumbrances from, the Food 4 Less lease.Rent rolls and leases available upon request.
    Exterior Features

    Basement Foundation Slab Meters Electric Meters Separate Meters Gas Meters Separate Meters Water Meters Separate Roof Built-UpGuttersMetal Utilities Elec - LibertyNatural GasSewer - CityWater - City

    Interior Features

    Apx Sqft Retail 60000.0000 Basement No Ceiling Height 10 Ft Clear20 Ft And Over Flooring Concrete Heating Central GasForced AirMulti-Unit

    Property Features

    Commercial Type Commercial Current Use General IndustrialGeneral RetailGrocery Store Electricity On Yes Features Delivery Door(S)Entrance - More Than 1Inside StorageSign - PoleSprinkler System Financing Cash In City Limits Yes Lease Triple Net Loading Dock Doors Dock - Adjustable Location Corner LotShopping Dist Lot Size Irr Overhead Doors 4 - 6 Owner Pays None Rd Access Maint Access - CityAccess - StateCurb & GutterMaint - CityMaint - State Road Frontage 442.00 Sale Lease Sale Tax Type County Taxes Tenant Pays All Traffic Count Unknown

    Listing provided courtesy of Alan Buttram of Buttram Commercial Real Estate Llc.
    © 2021 Ozark Gateway Association of REALTORS® Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Davidson Group | Keller Williams Realty of SWMO. Data last updated: 2021-07-26T08:07:31.043.
     
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    Davidson Group | Keller Williams Realty of SWMO
    619 S. Florida Ave
    Joplin MO, 64801