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Occupied Shopping Center
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1201 1st Street, Kennett, MO 63857

Retail center completed in 2013 with full occupancy and approximately two years of weighted average lease term remaining.

Property Size7,416 SF
Price / SF$102.48
Days on Market60

Property Features for 1201 1st Street

General Information

Standard status Active
Size 7,416 SF
Property subtype Retail
Occupancy 100%
Net Operating Income $60,764

Additional Details

Asking Price $760,000

Building Details

Year Built 2013
Tenancy Multi
Listing Agency: Sands Investment Group
Listed By: Evan Beeson · License #IL 475182760
Source: Crexi
Added: Jul 2 Changed: Aug 29 Last Checked: Aug 29 at 4:03PM

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 Sands Investment Group

Investment Insights

Based on property information with market context.

This 7,416-square-foot shopping center was completed in 2013 and is fully occupied. The retail-oriented asset offers an established commercial configuration with approximately 2+ years of WALT supporting the current tenancy. Its existing occupancy and lease term provide a clear snapshot of the property’s present operating position.

Key Highlights

  • 7,416 SF shopping center
  • 100% occupied retail asset
  • Approximately 2+ years of WALT

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Big Box & Wholesale Store Kitchen & Bath Showroom Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

395
Businesses Nearby
228k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 47% Superstores 23% Shops & Services 18% Apparel 5%
Walmart Superstores
51,432 visits/mo 0.2 miles
McDonald's Dining
20,394 visits/mo 0.3 miles
Burger King Dining
16,639 visits/mo 0.3 miles
Murphy USA Shops & Services
15,853 visits/mo 0.1 miles
Wendy's Dining
14,531 visits/mo 0.0 miles

Demographics for 63857, MO

12,236
Population
5,559
Households
2.2
Avg Household Size
39
Median Age
16%
College-Educated
81%
High-School Grad
106.1 sq mi
ZIP Area
115
Density / Sq Mi
$55,817
Median Household Income
$36,117
Median Earnings
$599
Median Rent
$109,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • The Shoppes @ Wilcoxson Center 901 South Bypass, Kennett, MO 63857
  • Bootheel Plaza Shopping Center 1738 Bootheel Plaza Shopping Center, Kennett, MO 63857
  • Quick-Tag Walmart Supercenter, 1500 1st St, Kennett, MO 63857

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center completed in 2013 with full occupancy and approximately two years of weighted average lease term remaining.
Where is this shopping center located?
The property is located at 1201 1st Street Kennett, MO.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: 7,416 SF shopping center; 100% occupied retail asset; Approximately 2+ years of WALT
(773) 352-8784 Call to check price and availability
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