240 Terrace Rd, Branson, MO
100% leased office building with long-term tenant.
- Added:
- Jan 29, 2025
- Days on Market:
- 507
- Last Refresh:
- May 20 at 9:17 pm
Property Features for 240 Terrace Rd
General Information
- Standard status
- Active
- Size
- 31,881 SF
- Lot size
- 3.99 Acres
- Property subtype
- OFFICE
Listing agent Peter Bauman License #AZ:SA647389000,NV:S.0186153 (602) 370-6020
Listing office Marcus & Millichap | Phoenix (602) 370-6020
Listing date Jan 29, 2025
Source Moodyscre
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HighLights
- 100% leased to Wyndham Vacation Ownership, Inc. for immediate income.
- Lease extends through April 2030, ensuring long‑term stability.
- Wyndham Worldwide Corporation guarantees the lease.
- Wyndham's parent company, Travel + Leisure, has a BB- credit rating from Fitch.
- Travel + Leisure reported $3.75 billion in revenue in 2023.
- The Tenant has occupied the building since 2013, demonstrating a long‑term commitment.
Overview
Local Financial Insights For Office B
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 | $478.2k | $15.00 |
| − Vacancy | −$38.3k | −$1.20 |
| EGI | $440.0k | $13.80 |
| − OpEx | −$110.0k | −$3.45 |
| NOI | $330.0k | $10.35 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Branson
- County
- Taney
- State
- Missouri
- Longitude
- -93.2876
- Latitude
- 36.6049