2220 West Chesterfield Blvd
Springfield, MO
Retail for Sale - $3,350,000 - 28,771 Sq. Ft. on 49299.44 acres
Property Info
| CIMLS# | 455682 |
| Location 2220 West Chesterfield Blvd Springfield MO 65807 | |
| Updated | May 9th, 2013 |
| Type | Retail |
| Price | $3,350,000 |
| Building | 28,771 Sq. Ft. |
| Land | 49299.44 acres |
Property Description
The palace Theater is priced at a 10% CAP on $335,000 Annual Income. All block building with great visibility on James River Freeway (Hwy 60). Warren Theaters has occupied since 1995 and the current lease runs till Jan. 2016. Tenant has two (2) additional five year options to renew at 115% of current rent. 3 Mile Population of 55,000 with an average annual Household Income of $54,855. Please call Agent to schedule a private showing. Thank you.
Location Description:
Chesterfield Village in Springfield, MO
Highlights:
>> The palace Theater is priced at a 10% CAP on $335,000 Annual Income.
>> All block building with great visibility on James River Freeway (Hwy 60).
>> Warren Theaters has occupied since 1995 and the current lease runs till Jan. 2016.
>> Tenant has two (2) additional five year options to renew at 115% of current rent.
>> 3 Mile Population of 55,000 with an average annual Household Income of $54,855.
>> Please call Agent to schedule a private showing. Thank you.
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Financials
Sales Info:
>> Commision split: 6.0%