1405 E Ohio St, Clinton, MO 64735

Clinton Plaza (the “Property”) is a 63,283 square foot, grocery-anchored retail center located at the main intersection of Clinton, Missouri. The offering presents an opportunity to acquire a stabilized retail center with long-term leases to national tenants with upside potential through future rent growth.

Stable Investment Opportunity

The Property is fully leased to eight tenants with a strong longevity of tenancy:

• Price Cutter, a regional grocery store chain, has been a tenant at the Property for 23 years and has 5 years remaining on their lease term.
• CATO, a national clothing retailer, has been a tenant at the Property for 25 years and has 2 years remaining on their lease term.
• Edward Jones, a national financial advisory firm, has been a tenant at the Property for 22 years and has 2 years remaining on their lease term.

Main & Main Location

The Property is situated at the northwest corner of Highway 7 and Highway 18, the main intersection in Clinton, Missouri. Clinton serves as a strategic location to the greater region with it’s proximity to Kansas City, Springfield, Truman Lake, and Lake of the Ozarks. The surrounding retailers include Walmart, Tractor Supply Co., Dollar Tree, Westlake Ace Hardware, Walgreens, CVS, O’Reilly Auto Parts, ALDI, Burger King, McDonald’s, Wendy’s, Subway, Scooter’s Coffee, Hardee’s, Papa Murphy’s, Arby’s and T-Mobile among others.

National Tenants

The Property’s location in the market, along with Clinton’s strategic location in the region, attracts national tenants to the Property. National tenants currently occupying space at the Property include Edward Jones, National TV, Domino’s, and CATO. Additionally, Price Cutter and Apria Healthcare are regional chains that have operations across the Midwest.

Value-Add Opportunity

The average in-place rent for the shopping center is $4.06 per square foot (NNN). The Clinton market has very little retail vacancy with only two vacancies totaling 26,009 square feet available for lease. The asking market rental rates for both vacancies in the market are at $12.00 per square foot (NNN), showing tremendous upside for Clinton Plaza with the ability to increase rents at the Property over time.

Recent Renewals

Apria Healthcare and National TV both recently extended their leases, showing commitment to the Property and the market. Edward Jones, CATO, Life Ministries and Price Cutter also recently extended their leases.