306 Chestnut StStrafford, MO 65757

Property Details for 306 Chestnut St

Year built

2017

Lot size

2.32 AC

Property size (Sq ft)

8,146 SF

Zone code

INC

Property type

Commercial real estate

APN

88-10-35-302-005

APU

881035302005

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $1,827,150

  Hospitality

  $1,673,660

  Educational

  $1,392,465

  Medical

  $1,440,354

  Retail

  $2,166,057

Location Insight

City

Strafford

County

Greene

State

Missouri

Latitude

37.2712

Longitude

-93.1122

CBSA code

44180

CBSA name

SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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