For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Fully Occupied Multi-Tenant Retail Building Title is generated by Realmo AI

    120 Ichord Avenue, Waynesville, MO 65583

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Fully occupied multi-tenant building with medical, childcare, professional, and public-sector tenants plus scheduled rent escalations.

    Type:Retail
    Property size:
    7,930 SF
    Price / SF:
    $124/SF
    Added:
    Jun 10, 2026
    Days on Market:
    12
    Last Refresh:
    Jun 20 at 9:02 am

    Property Features for 120 Ichord Avenue

    General Information

    Standard status
    Active
    Size
    7,930 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1986

    We can help!

    Listing Contact
    Nirav Patel

    Listing agent Nirav Patel License #2025049741

    Listing office Murney Associates

    Listing date Jun 10, 2026

    Source Crexi

    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 Murney Associates

    HighLights

    • Multi‑tenant commercial building built in 1986 and fully occupied
    • Tenants generate approx. $110,400 in gross scheduled annual income (about 11% gross cap, per owner‑provided info)
    • Diversified tenant mix includes Lake Med Spa, True North Therapy, Sprout n Grow, Cross Creek Realty, and the Pulaski County Board for the Handicapped
    • Several tenants have contractual 10% rent escalations already scheduled
    • Two upcoming move‑outs create value‑add potential via re‑leasing at current market rents
    • Two tenants currently on month‑to‑month can be placed on formal leases to strengthen the lease term

    Overview

    This fully occupied, multi-tenant commercial property contains space supporting ten tenants and an in-place gross scheduled annual income of approximately $110,400, based on owner-provided information. The tenant mix spans medical and wellness (Lake Med Spa and True North Therapy), childcare and education (Sprout n Grow), professional office (including Cross Creek Realty), and a stable public-sector tenant, the Pulaski County Board for the Handicapped. Several tenants include contractual 10% rent escalations already scheduled.

    The property is located in Waynesville, Missouri, which is identified as the Pulaski County seat and is immediately adjacent to Fort Leonard Wood, one of the U.S. Army’s largest installations. This setting supports recurring demand for the types of in-person, service-based businesses represented in the current rent roll.

    For tenants, buyers, and operators, the building’s composition offers diversification across multiple service categories rather than relying on a single use. For investors, two upcoming move-outs create an opportunity for a new owner to re-lease available space and potentially lengthen the weighted lease term. In addition, two tenants currently operating on a month-to-month basis can be placed on formal leases to strengthen long-term stability. Buyer and its representatives should independently verify all income, expenses, lease terms, and square footage.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waynesville
    County
    Pulaski
    State
    Missouri
    Longitude
    -92.223525
    Latitude
    37.81113

    FAQs

    What type of property is this?
    Retail space - Fully occupied multi-tenant building with medical, childcare, professional, and public-sector tenants plus scheduled rent escalations.
    Where is this retail space located?
    The property is located at 120 Ichord Avenue Waynesville, MO.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: Multi‑tenant commercial building built in 1986 and fully occupied; Tenants generate approx. $110,400 in gross scheduled annual income (about 11% gross cap, per owner‑provided info); Diversified tenant mix includes Lake Med Spa, True North Therapy, Sprout n Grow, Cross Creek Realty, and the Pulaski County Board for the Handicapped
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message