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28827935

11915 Blue Ridge Blvd, Grandview, MO 64030 For Sale

CH
MO MO 00235512, KS KS 00235512
Link Property Advisors
Listed by Link Property Advisors
$560,000
222 days on market
Updated 101 days ago

TitleMax Investment Offering

Details
Property Type Retail
Sub Type Storefront
Square Footage 2,000
Cap Rate 7.5%
NOI $42,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 06/30/2031
Remaining Term 5
Rent Bumps Yes
Lease Options 2
Price per SqFt $280
Investment Type Net Lease
Tenant Credit Corporate Guarantee

Retail | 7.50% CAP | 2,000 SqFt

Marketing description

Tenant renewed Early!!!

This 2,000 square foot free-standing building is currently leased to the nationally recognized tenant, TitleMax of Missouri Inc., showcasing a steady stream of rental income. The property benefits from its strategic location at the bustling intersection of I-49 and Blue Ridge Blvd, ensuring high visibility with over 45,000 vehicles passing daily on I-49 and 15,000 on Blue Ridge Blvd. Customers and tenants enjoy easy access to major highways, fostering both foot traffic and operational efficiency.

Situated in a well-established retail corridor alongside prominent brands like Price Chopper, Petco, and Burlington Coat Factory, offers a compelling retail environment attracting a wide customer base. Renovated with modern amenities and offering flexible leasing options, this property is versatile, adaptable for various retail and office needs. With 100% occupancy and a lease in place until June 2031, seize the opportunity for a stable investment in a vibrant commercial locale.

Investment highlights

Offering Price: $560,000

NOI: $42,000/yr. (starting 7/1/26) current NOI: $39,600/yr.

Tenant renewed early! 5 year renewal with 2 5-year options remaining. (operating at this location since 2003).

Free Standing 2,000 SF building next to major grocery anchored shopping center

Listing Contacts

CH
MO MO 00235512, KS KS 00235512
Link Property Advisors
Listed by Link Property Advisors

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$42,000.00
$3,500.00/mo

Valuation Metrics

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DSCR
7.5%
Cap Rate
7.5%
ROI

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Additional Information

Name
Coleby Henzlik
License
MO 00235512
Brokerage
Link Property Advisors
Title
Supervising broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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