For Sale
$6,050,000

3265 Falls Pkwy Branson, MO 65616

Missouri retail center, high occupancy, strong NOI.

Overview

Added:
Dec 11, 2024
Days on market:
127
This 46,360 square foot, single-story shopping center in Branson, Missouri, presents a compelling value-add opportunity. Located at 3265 Falls Pkwy, 65616, this Class B property boasts 94.1% occupancy across 13 tenants in 15 units, generating a strong NOI of $500,480 and an 8.27% cap rate. The asking price is $6,050,000 ($130.50/sq ft). Built in 1993 and renovated in 2018, the property sits on a 5-acre lot and features primarily NNN leases, minimizing landlord responsibilities. The tenant mix includes retail, dining, and service providers, with a significant portion of leases containing landlord-triggered 60-day termination clauses, allowing for swift repositioning and rent increases to market rates. The property benefits from its location near Branson's thriving tourism sector (over 10 million visitors in 2022) and the Theatre District, ensuring consistent cash flow and potential for appreciation. The existing tenant base includes long-term occupants and newer additions, creating a balanced portfolio. This fee-simple ownership offers investors a chance to capitalize on short-term upside potential and long-term stability in a growing market. The property's strong performance and favorable lease terms make it an attractive investment for those seeking a value-add opportunity with significant upside. The average household income within a 3-mile radius is $65,374.

Highlights

  • Branson attracted over 10.2 million visitors in 2022.
  • One mile from Branson's Theatre District.
  • Three-mile average household income: $65,374.
  • Renovated in 2018.
  • Branson offers over 20,000 hotel rooms.
  • Triple-net lease structure; minimal landlord responsibilities.

Property Details for 3265 Falls Pkwy

Property type
Lifestyle centers, Power centers
Square Feet
46,360 SF
Class
B
Year Built/Renovated
1993/2018
Buildings
1
Stories
1
Lot Size (sq. ft)
217,800 SF
Units
15

Location Insight

City
Branson
County
Taney
State
Missouri
Latitude
36.6270682
Longitude
-93.28105098
3265 Falls Pkwy, Branson, Missouri

FAQs

What type of property is this?
Lifestyle center - Missouri retail center, high occupancy, strong NOI.
Where is the lifestyle center located?
The property is located at 3265 Falls Pkwy Branson, MO.
What is the asking price?
The asking price for this property is $6,050,000.
What are key features of this property?
This property features: Branson attracted over 10.2 million visitors in 2022.; One mile from Branson's Theatre District.; Three-mile average household income: $65,374.
How can I contact the broker?
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3265 Falls Pkwy
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