

503 E Main St
Retail | 11.60% CAP | 11,060 SqFt
Marketing description
SVN is pleased to offer this former combo Dollar Tree | Family Dollar property For Sale at $900,000 in Willow Springs, MO. Although the tenant has vacated, the lease remains in place with over 5 years of term remaining at 11.3% cap rate. The property has 320' of frontage along E Main St with 147'on N Cherry St and 33 parking spaces. The property can be entered from both streets providing easy accessibility. It is zoned B-2 Commercial on a 1.05 acres lot. The taxes in 2024 were $0.93/SF. Tenant is responsible for all expenses other than liability insurance and some structural repairs.
This property is situated in the quaint town of Willow Springs, MO. The property is off of East Main Street just minutes from Highway 60. Neighboring businesses include O'Reilly Auto Parts, FedEx OnSite, Dollar General, United State Postal Service, Town and Country Supermarket, Tractor Supply Co, Simmons Bank, and may others.
Lee McLean III, SIOR, CCIM serves as a Senior Advisor for SVN Commercial in the Springfield Missouri metro area. Lee holds the SIOR & CCIM designation, a Brokers-Associate real estate license and ranks in the top 3% of SVN International.
Investment highlights
SALE PRICE: $900,000
BUILDING SIZE: 11,060 SF
PRICE / SF: $81.37
LOT SIZE: 1.05 ac
CAP RATE: 11.3%
LEASE EXPIRATION: January 31, 2031
LEASE TYPE: NN
ZONING: B-2 Commercial
LL OBLIGATION: Liability Ins. & some structural repairs
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