For Sale
$2,500,000

306 Chestnut St Strafford, MO 65757

Prime I-44 restaurant space, multi-tenant.

Overview

Added:
Dec 11, 2024
Days on market:
128
This Class A, multi-tenant retail center, totaling 10,615 square feet, is strategically located on East Chestnut Street in Strafford, Missouri, directly off Interstate 44 and State Highway 125. Currently 40% occupied, the property offers five units, each boasting approximately 1,550 square feet, available for lease at $16.00 per square foot, NNN. Leases include a tenant allowance for build-out. The asking price for the entire center is $2,500,000. The property features over 420 feet of frontage along the interstate and ample parking with approximately 90 spaces. Designed by Buxton Kubik Dodd Creative Architects & Interior Design, this center benefits from high visibility and convenient access. The 2.32-acre lot includes an additional 0.75 acres of adjacent land available for purchase separately for $200,000, presenting an opportunity for expansion. The property's prime location is complemented by nearby businesses such as Conoco, Kum & Go, Pizza Hut, Fox's Den Pizza, Loves Truck Stop, and TA Truck Stop, ensuring high traffic and visibility. The property's APN is 1035302005. This is a rare opportunity to acquire a well-positioned retail center in a thriving area.

Highlights

  • Class A, 10,615 SF multi-tenant retail center in Strafford, MO.
  • 40% occupied, five 1,550 SF units available for $16/SF, NNN, with tenant improvement allowances.
  • $2,500,000 asking price.
  • Over 420' of frontage on I-44 & Hwy 125, 90 parking spaces.
  • 2.32-acre lot plus 0.75-acre adjacent parcel available for $200,000.

Property Details for 306 Chestnut St

Property type
Retail properties, Restaurants
Square Feet
10,615 SF
Class
A
Lot Size (sq. ft)
101,059 SF
Units
5

Location Insight

City
Strafford
County
Greene
State
Missouri
Latitude
37.2711979
Longitude
-93.1119188
306 Chestnut St, Strafford, Missouri

FAQs

What type of property is this?
Retail property - Prime I-44 restaurant space, multi-tenant.
Where is the retail property located?
The property is located at 306 Chestnut St Strafford, MO.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Class A, 10,615 SF multi-tenant retail center in Strafford, MO.; 40% occupied, five 1,550 SF units available for $16/SF, NNN, with tenant improvement allowances.; $2,500,000 asking price.
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].
306 Chestnut St
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