2005 West Highway 76, Branson, MO

Shopping Center for Sale - $3,795,000 - 39,564 Sq. Ft. on 2.57 acres


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Agent Info

NameStephen Critchfield, CCIM
CompanyCommercial 1 Brokers LLC

Property Info

CIMLS #962915
Location2005 West Highway 76
Branson MO 65616
Last UpdatedOctober 22nd, 2018
TypeShopping Center
Price$3,795,000
Building39,564 Sq. Ft.
Land2.57 acres
DemographicsView data

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Property Description

This property has maintained a high occupancy level for over a decade. Current leasing and management team have operated this property for more than 15 years. Opportunity to bump rents in lower level as several tenants are paying CAM's only. New development is occurring at the rear of this property and several tenants are due to renew or are currently on a month to month term. The market will offer an opportunity to increase rents soon as the retail market is just over 93% occupied.

Location Description:

Located on the famous Branson Hwy. 76. Across the street from Walmart, the Branson Mall and Price Chopper grocery store. Nearby rear street access from Hwy 76 East for easy travel to all parts of the Branson market. Surrounded by live theaters, shopping, attractions, restaurants and lodging properties.

Highlights:

>> Combination of Franchise and Local Store Operators

>> Two Successful Restaurants

>> 93% Occupied Strip Center

>> No Deferred Maintenance

>> Located on the Famous Hwy 76 In The Heart Of The Branson Tourist District

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