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Inline Retail Space in Walmart Plaza
For Lease
$13 SF/Yr Modified Gross

122 W George E Phelps Boulevard, Carthage, MO 64836

Commercial Lease, Carthage, MO

Space Size4,725 SF
Lot Size7.28 Acres
Days on Market94

Property Features for 122 W George E Phelps Boulevard

General Information

Property type Commercial Lease
Property subtype Retail
Zoning Gen Business
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Directions North on Highway 49 north from 44 Highway. Exit 49 north to Walmart Plaza Center on left.
Standard status Active
APN 14-5.0-16-000-000-014.000
Lot size 7.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 35467

Utilities

Utilities Water Available
Heating system Forced Air, Natural Gas
Cooling system Central Air, Electric

Amenities

full glass storefronts
high ceilings
sign monument space

Building Details

Year built 2001
Roof type Rubber
Listing Agency: Murney Associates - Primrose
Listed By: Mark Kerivan · License #1999066513
Added: May 20 Changed: Aug 19 Last Checked: Aug 21 at 6:06PM
MLS# 60324286

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.

Inline retail space within Walmart Plaza, shadow-anchored by the Walmart Supercenter. The suite offers 4,725 SF of open clear span retail area plus rear storage and a restroom, with full glass storefronts and 10 ft-plus ceiling heights designed for strong in-line visibility and tall display setups. The location also includes sign monument space and ample parking with 5 dedicated parking spaces.

The property sits along the major south-side retail corridor of Carthage, Missouri, with easy access to Interstate Highway 49. Walmart Plaza co-tenants include Goodwill, Dollar Tree, Great Clips, Verizon, Carthage Pediatric Dental, and Nail Spa. A strong mix of national retailers, QSR, medical, and service providers is also nearby.

Built in 2001, the space is served by forced air natural gas heating and central air electric cooling. Lease terms are offered on a Modified Gross basis, with a sub-tenant responsible for general liability insurance, interior maintenance, utilities, internet, trash, and janitorial; the sub-landlord would prefer a 5-year-plus lease, with negotiation.

Key Highlights

  • 4,725 SF open clear span retail area with rear storage and a restroom
  • Full glass storefronts with 10 ft‑plus ceiling heights for tall display visibility
  • 5 dedicated parking spaces plus sign monument space included

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden 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

Multi-tenant
Tenancy
Yes
Highway access
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

444
Businesses Nearby
Balanced
Demand for This Use

Demographics for 64836, MO

25,334
Population
10,241
Households
2.5
Avg Household Size
37
Median Age
24%
College-Educated
82%
High-School Grad
184.1 sq mi
ZIP Area
138
Density / Sq Mi
$58,775
Median Household Income
$35,311
Median Earnings
$883
Median Rent
$157,700
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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Inline retail suite with full glass storefronts in a Gen Business–zoned Walmart Plaza near I-49.
Where is this shopping center located?
The property is located at 122 W George E Phelps Boulevard Carthage, MO.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: 4,725 SF open clear span retail area with rear storage and a restroom; Full glass storefronts with 10 ft‑plus ceiling heights for tall display visibility; 5 dedicated parking spaces plus sign monument space included
More about this property
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