For Sale
$672,000

603 S Springfield Ave Bolivar, MO 65613

NNN Lease, Prime Bolivar Location

Overview

Added:
Jan 24
Days on market:
83
This investment opportunity features a freestanding Scooter's Coffee building in Bolivar, Missouri, situated on a 0.04-acre lot. The property boasts an 850-square-foot building and is subject to a 10-year absolute NNN ground lease with a reliable 3-unit operator guaranteeing the lease. The lease includes four, five-year renewal options, ensuring long-term income stability. Rent increases by 10% every five years, providing built-in growth potential. This drive-thru location enjoys a high-traffic position along South Springfield Avenue, a major thoroughfare in Bolivar, with convenient access to US Route 13. The property benefits from its proximity to Southwest Baptist University, a significant source of foot traffic with 2,386 students. The strong tenant mix in the immediate vicinity includes Domino's, Sonic Drive-Thru, The Bank of Missouri, Little Caesars Pizza, Woods Supermarket, AutoZone, McDonald's, Verizon, O'Reilly Auto Parts, and Dairy Queen, creating a vibrant and desirable commercial environment. Bolivar itself is a thriving community known for its award-winning schools, affordable housing, safe neighborhoods, and a growing economy. Its location offers easy access to Springfield, Branson, Kansas City, and St. Louis, providing access to a wider regional market. The asking price for this exceptional investment opportunity is $672,000.

Highlights

  • Guaranteed 10-year NNN ground lease with four, five-year renewal options.
  • Prime Bolivar, MO location on S Springfield Ave, near US Route 13 and Southwest Baptist University.
  • Strong tenant: 3-unit operator guarantees lease, with 10% rent increases every five years.

Property Details for 603 S Springfield Ave

Property type
Retail properties
Square Feet
850 SF
Price / Square Foot
$790.59
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
1,800 SF

Location Insight

City
Bolivar
County
State
Missouri

FAQs

What type of property is this?
Retail property - NNN Lease, Prime Bolivar Location
Where is the retail property located?
The property is located at 603 S Springfield Ave Bolivar, MO.
What is the asking price?
The asking price for this property is $672,000.
What are key features of this property?
This property features: Guaranteed 10-year NNN ground lease with four, five-year renewal options.; Prime Bolivar, MO location on S Springfield Ave, near US Route 13 and Southwest Baptist University.; Strong tenant: 3-unit operator guarantees lease, with 10% rent increases every five years.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
603 S Springfield Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message