1605 Ohio StClinton, MO 64735

Property Details for 1605 Ohio St

Year built

2022

Construction

WOOD

Property size (Sq ft)

760 SF

Property type

Retail space

APN

18-1.0-01-003-019-011.000

APU

181001003019011000

Description

This exceptional investment opportunity presents a brand-new, 800-square-foot Scooter's Coffee located in Clinton, Missouri, at 1605 E Ohio St, 64735. The property boasts a 15-year absolute NNN ground lease with three, five-year renewal options, ensuring long-term, passive income. Rent escalates 10% every five years, providing built-in growth potential. The lease is backed by a corporate guarantee from a strong 52-unit operator, mitigating risk. This freestanding building features a convenient drive-thru and is situated in a high-traffic location between McDonald's and CVS Pharmacy. The property benefits from its strategic position on the main corridor between the Kansas City metro area and the Lake of the Ozarks, capitalizing on significant weekend traffic exceeding 70,000 vehicles per day during peak season. Surrounded by other major retailers including Taco Bell, Arby's, Walgreens, and a Walmart Supercenter, this location offers exceptional visibility and accessibility. The asking price is $1,379,310, representing a 7.25% cap rate and a $100,000 net operating income (NOI). The 0.59-acre lot provides ample space. This is a turnkey investment with zero landlord responsibilities, offering a compelling return on investment in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $218,928

  6.5%

  $202,087

  7%

  $187,652

• Comparable approach

  Method

  Valuation

  Relative Method

  $136,994

  Geo Method

  $136,994

• Alternative Use

  Use

  Valuation

  Residential

  $170,468

  Hospitality

  $156,148

  Educational

  $129,913

  Medical

  $134,381

  Retail

  $202,087

Location Insight

City

Clinton

County

Henry

State

Missouri

Latitude

38.3667

Longitude

-93.7504

Property Tax & Assessments

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