Retail Building with High-Visibility
For Sale
$975,000
1011 1013 Kenneth St, Nixa, MO 65714
Retail building fronts Nixa’s busiest highway with easy access and street access on three sides.
Property Size6,000 SF
Price / SF$162.50
Days on Market284
Property Features for 1011 1013 Kenneth St
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$6,256
Amenities
Central Air, Electric
3
110X215
Building Details
Year Built
1974
Listing Agency:
Nixa
(417) 840-0134
Listed By:
Murney Associates
(417) 840-0134
Source:
Xome
Added: Nov 1, 2025
Changed: Aug 9
Last Checked: Aug 11 at 5:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nixa
Investment Insights
Based on property information with market context.
This retail property offers a straightforward, street-facing configuration with a building footprint of approximately 75 by 80 feet. The lot is about half an acre and provides street access on three sides, supporting convenient arrivals and site circulation.
The building fronts Nixa’s busiest highway and is described as having high visibility, with easy access for customers and deliveries.
The property is listed for sale and is well-suited for retail uses that benefit from a prominent road presence and flexible site access.
The building fronts Nixa’s busiest highway and is described as having high visibility, with easy access for customers and deliveries.
The property is listed for sale and is well-suited for retail uses that benefit from a prominent road presence and flexible site access.
Key Highlights
- Retail building fronts Nixa’s busiest highway with easy access
- Building is approximately 75x80
- Lot is about 1/2 acre with street access on 3 sides
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,652
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$893,040
$893.0K
Cap Rate 7%
$637,886
$637.9K
Cap Rate 9%
$496,133
$496.1K
Market Conditions
NOI Build-Up for 6,000 SF
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.
Gross rent
$66.2K $11.04/SF
− Vacancy
−$2.5K −$0.41/SF
EGI
$63.8K $10.63/SF
− OpEx
−$19.1K −$3.19/SF
NOI
$44.7K $7.44/SF
Area
Christian County, MO
Vacancy
3.70%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$893,040
Cap Rate 7%
$637,886
Cap Rate 9%
$496,133
Alternative Uses
Best Use
Retail
$637.9K
$558.2K – $744.2K
NOI $44,652 @ 7.0% cap · market cap 4.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$905.6K
$792.4K – $1.06M
NOI $63,392 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
602
Businesses Nearby
Explore this area
Business Placement
Demographics for 65714, MO
35,109
Population
13,459
Households
2.6
Avg Household Size
39
Median Age
37%
College-Educated
94%
High-School Grad
51.1 sq mi
ZIP Area
687
Density / Sq Mi
$82,548
Median Household Income
$46,746
Median Earnings
$985
Median Rent
$261,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail building fronts Nixa’s busiest highway with easy access and street access on three sides.
Where is this retail space located?
The property is located at 1011 1013 Kenneth St Nixa, MO.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Retail building fronts Nixa’s busiest highway with easy access; Building is approximately 75x80; Lot is about 1/2 acre with street access on 3 sides
