2800 E 32nd Street $4,745,000

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    2800 E 32nd Street Joplin, MO 64804

    • 67,537 sq. ft.
    • 8.40 Acres
    • Commercial
    • MLS# 202419
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    Views: 277 Days On Site: 511

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    Property Details

    Large - scale triple-net passive investment opportunity in the heart of Joplin, with a capitalization rate of 7.96%. This Food 4 Less grocery store sits on the South side of 32nd Street, with its own stoplight. It has enjoyed a tremendous amount of success in recent years, and should serve as a solid investment for years to come. In addition to the grocery store itself, this listing includes a fully leased 5,000 sf. retail building on the 32nd Street frontage, and a partially leased 7,200 sf. warehouse at the rear of the building. Both are on separate tax parcels, so could be easily split off and resold, redeveloped, or retained for passive income without affecting, and without encumbrances from, the Food 4 Less lease.Rent rolls and leases available upon request.

    • General Features
      • Area 04 - Joplin City - SE
      • County Newton
      • Lot Size IRR
    • Building Features
      • Roof Built-Up, Gutters, Metal
      • Flooring Concrete
      • Heating Central Gas, Forced Air, Multi-Unit
      • Cooling Central, Multi-Unit
    • Room Features
      • Basement No
    • Property Features
      • Location Corner Lot, Shopping Dist
      • Road Access Maintenance Access - City,Access - State,Curb & Gutter,Maint - City,Maint - State
      • Utilities Elec - Liberty,Natural Gas,Sewer - City,Water - City
      • Features Delivery Door(s), Entrance - More than 1, Inside Storage, Sign - Pole, Sprinkler System

    Contact

    John Yaple

    John Yaple

    3RD GENERATION REALTOR

    RE/MAX Classic

    Primary: 417-540-3837

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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $4,745,000
    6/1/2020 4:20:00 PM New in Database Source: Multiple Listing Service New Value: $4,745,000

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    Listing information comes in part from the Ozarks Gateway Association of REALTORS® of Joplin, Missouri. The information being provided is deemed reliable but not guaranteed, and all information should be verified by the consumer. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing
    © Copyright 2021 the Ozarks Gateway MLS. All rights reserved.


    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.