For Sale
$1,200,000

1034 Maguire St Warrensburg, MO 64093

High-Yield Retail Investment in Warrensburg, MO

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 22,400-square-foot shopping center, located at 1034-1038 S. Maguire Street in Warrensburg, Missouri, presents a compelling owner/user investment opportunity. Currently operating at 100% occupancy, the property boasts a strong tenant roster and significant upside potential. The asking price is $1,200,000. Situated on a prime south business Highway 13 location, this retail center benefits from high visibility and convenient access. Its close proximity to the University of Central Missouri ensures a consistent customer base. A key advantage is the current rental rates, which are significantly below market value, offering immediate opportunities to increase net operating income (NOI). Analysis indicates a realistic potential to boost NOI by 30% through strategic rent adjustments. The property's strong performance and substantial growth potential make it an attractive investment for discerning buyers seeking a stable, high-yield retail asset in a thriving Missouri market. The property is zoned for retail use and is located in Johnson County, Missouri, zip code 64093. Detailed financial information and tenant lease agreements are available upon request. This is a rare opportunity to acquire a well-established, fully leased shopping center with considerable room for future appreciation.

Highlights

  • 100% leased, 22,400 SF retail center in Warrensburg, MO.
  • High-visibility location on S. Business Hwy 13.
  • Below-market rents offer significant NOI growth potential (30% increase).
  • Close proximity to the University of Central Missouri provides a strong customer base.
  • $1,200,000 asking price.

Property Details for 1034 Maguire St

Property type
Lifestyle centers, Power centers
Square Feet
22,400 SF

Location Insight

City
Warrensburg
County
Johnson
State
Missouri
Latitude
38.7484365
Longitude
-93.736656

FAQs

What type of property is this?
Lifestyle center - High-Yield Retail Investment in Warrensburg, MO
Where is the lifestyle center located?
The property is located at 1034 Maguire St Warrensburg, MO.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 100% leased, 22,400 SF retail center in Warrensburg, MO.; High-visibility location on S. Business Hwy 13.; Below-market rents offer significant NOI growth potential (30% increase).
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.
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1034 Maguire St
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