NNN Retail Investment
1495 State Highway 248 Branson, MO 65616
For Sale
$2,900,000
SINGLE_FAMILY - Branson, MO
Property Size23,521 SF
Lot Size1.68 Acres
Price / SF$123.29
Days on Market18
Property Features for 1495 State Highway 248
General Information
Property type
Residential
Property subtype
Retail
Zoning
Commercial
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Standard status
Active
APN
08-9.0-30-000-000-065.001
Lot size
1.68 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Legal on title shall govern: Staples Staples- Lt 1; City Of Branson
Tax Annual Amount
24758
Utilities
Utilities
Water Available
Heating system
Electric (Heating)
Cooling system
Central Air
Building Details
Year built
2000
Number of units
2
Roof type
Metal, Rubber
Listing Agency:
Vinton Commercial Realty
(417) 334-9400
Listed By:
Christopher Vinton · License #2003020919
(417) 861-6314
Added: Jul 13
Last Checked: Jul 30 at 3:06AM
MLS# 60328742
Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fee simple NNN investment features a 23,521 SF, two-tenant retail building on 1.68 acres along State Highway 248. Harbor Freight Tools occupies 15,000 SF under a long-term, corporate-guaranteed NNN lease with scheduled rental increases and five 5-year renewal options. Landlord responsibilities are limited to the roof and structure, while the remaining 8,500 SF is currently vacant.
The property is positioned along a high-traffic corridor averaging over 20,500 vehicles per day, with proximity to major access points: it is located about 1.5 miles west of the on/off ramps to US Highway 65. It sits within Branson’s major retail corridor near national credit tenants including Walmart Supercenter, Target, and The Home Depot. The listing is in Commercial zoning.
For a buyer seeking a combination of an established NNN income stream and potential lease-up space, this Branson retail property offers an in-place Harbor Freight tenancy and an additional area available for future occupancy.
The property is positioned along a high-traffic corridor averaging over 20,500 vehicles per day, with proximity to major access points: it is located about 1.5 miles west of the on/off ramps to US Highway 65. It sits within Branson’s major retail corridor near national credit tenants including Walmart Supercenter, Target, and The Home Depot. The listing is in Commercial zoning.
For a buyer seeking a combination of an established NNN income stream and potential lease-up space, this Branson retail property offers an in-place Harbor Freight tenancy and an additional area available for future occupancy.
Key Highlights
- 23,521 SF, two‑tenant fee simple building on 1.68 acres along State Highway 248
- Harbor Freight Tools occupies 15,000 SF under a long‑term NNN lease with corporate guarantee
- Lease includes scheduled rental increases and five 5‑year renewal options; landlord responsibilities limited to roof and structure
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $352.8k | $15.00 |
| − Vacancy | −$17.6k | −$0.75 |
| EGI | $335.2k | $14.25 |
| − OpEx | −$100.6k | −$4.27 |
| NOI | $234.6k | $9.98 |
23,521 SF · lease $15.00/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.35M
$2.93M – $3.91M
NOI $234,622 @ 7.0% cap · market cap 8.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.60M
$4.02M – $5.36M
NOI $321,767 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
NNN property - 23,521 SF two-tenant NNN retail building along State Highway 248, with Harbor Freight and vacant space.
Where is this nnn property located?
The property is located at 1495 State Highway 248 Branson, MO.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 23,521 SF, two‑tenant fee simple building on 1.68 acres along State Highway 248; Harbor Freight Tools occupies 15,000 SF under a long‑term NNN lease with corporate guarantee; Lease includes scheduled rental increases and five 5‑year renewal options; landlord responsibilities limited to roof and structure
