3110 36Th StJoplin, MO 64804

Property Details for 3110 36Th St

Year built

2001

Lot size

1.52 AC

Property size (Sq ft)

6,205 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional investment opportunity presents a 6,205-square-foot Outback Steakhouse in Joplin, Missouri. Located on a 1.52-acre lot at 3110 E 36th St, 64804, this property boasts an absolute NNN lease with a corporate guarantee from Bloomin' Brands, offering ±12.4 years remaining on the primary term with three, 5-year renewal options. The lease includes attractive 1.8% annual rent increases, generating a strong NOI of $173,011 and a 6.35% cap rate. The asking price is $2,724,600 ($439.10/sq ft). This prime location enjoys excellent visibility and access along East 36th Street, near its intersection with South Rangeline Road and Interstate 44. It's strategically positioned as an outparcel to a Sam's Club, surrounded by numerous hotels, restaurants, and national retailers, including a major shopping mall within a 10-minute drive. The area features a high concentration of retail, office, industrial, and multifamily units within a 3-mile radius, ensuring consistent traffic and strong tenant demand. Built in 2001, this property represents a secure, high-performing investment with significant long-term potential. The property is currently 100% occupied.

Location Insight

City

Joplin

County

Newton

State

Missouri

Latitude

37.0502

Longitude

-94.4766

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