Price Cutter Portfolio, Springfield, MO
Retail for Sale - $27,695,000 - 412,457 Sq. Ft.
Property Info
| CIMLS# | 474582 |
| Location Price Cutter Portfolio Springfield MO 65804 | |
| Updated | February 7th, 2017 |
| Type | Retail |
| Price | $27,695,000 |
| Building | 412,457 Sq. Ft. |
Property Description
NNN Leased Grocery Portfolio
9 Individual properties leased to Price Cutter Grocery
6 of the 9 stores are Guaranteed by Associated Wholesale Grocers (AWG)
AWG achieved $7.7 Billion in sales for 2011 and Operating Income of $180.1 million.
Portfolio average rents are below industry Average at $5.20 /sf NNN
Portfolio priced less than replacement cost at only $67 per square foot
Location Description:
Multiple Locations in Southwest Missouri
Highlights:
>> NNN Leased Grocery Portfolio
>> 9 Individual properties leased to Price Cutter Grocery
>> 6 of the 9 stores are Guaranteed by Associated Wholesale Grocers (AWG)
>> AWG achieved $7.7 Billion in sales for 2011 and Operating Income of $180.1 million.
>> Portfolio average rents are below industry Average at $5.20 /sf NNN
>> Portfolio priced less than replacement cost at only $67 per square foot
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