Retail Strip Center with Leasing
For Sale
$2,000,000
1350 N Maxine Ave, Nixa, MO 65714
Newer 8,125 SF strip center offers multiple retail suites, with white-box or tenant allowance options available.
Property Size8,125 SF
Days on Market106
Property Features for 1350 N Maxine Ave
General Information
Standard status
Active
Size
8,125 SF
Property subtype
Retail
Building Details
Building Size
8,125 SF
Year Built
2023
Listing Agency:
SVN | Rankin Company, LLC
Listed By:
Lee McLean III, SIOR, CCIM · License #MO 2002005214
(417) 818-8894
Source:
Svn
Added: Jul 24
Changed: Nov 3
Last Checked: Nov 6 at 7:59AM
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 SVN | Rankin Company, LLC
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Investment Insights
Based on property information with market context.
A newly constructed retail strip center totaling 8,125 SF in Nixa, MO, with a mix of leased and available storefront space. The property includes 3 units available for lease at about 1,625 SF each, and it is also offered for sale in its as-is condition. For leasing, the landlord will provide white-box improvements or allowance based on qualified tenants and acceptable terms.
The development was constructed alongside hundreds of apartment and residential units within the same project, with the lot planned for future construction of an additional 8,125 SF building. The center is zoned General Commercial (GC), and leasing is available beginning at $16.00/SF NNN for the first year.
Units are listed as available from approximately 1,625 to 4,875 SF, and the property was built in 2023.
The development was constructed alongside hundreds of apartment and residential units within the same project, with the lot planned for future construction of an additional 8,125 SF building. The center is zoned General Commercial (GC), and leasing is available beginning at $16.00/SF NNN for the first year.
Units are listed as available from approximately 1,625 to 4,875 SF, and the property was built in 2023.
Key Highlights
- 8,125 SF newer strip center built in 2023 on a ±1.85‑acre lot in Nixa, MO
- For sale at $1,700,000; price per SF listed as $207.95 (as‑is)
- Current leasing setup includes 2 units leased and 3 units available at 1,625 SF each (available SF: 1,625–4,875 SF)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,467
Cap Rate
3.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,209,340
$1.2M
Cap Rate 7%
$863,814
$863.8K
Cap Rate 9%
$671,856
$671.9K
Market Conditions
NOI Build-Up for 8,125 SF
Gross rent
$89.7K $11.04/SF
− Vacancy
−$3.3K −$0.41/SF
EGI
$86.4K $10.63/SF
− OpEx
−$25.9K −$3.19/SF
NOI
$60.5K $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 Rate 5%
$1,209,340
Cap Rate 7%
$863,814
Cap Rate 9%
$671,856
Alternative Uses
Best Use
Retail
$863.8K
$755.8K – $1.01M
NOI $60,467 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.07M – $1.43M
NOI $85,843 @ 7.0% cap · market cap 4.29%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
628
Businesses Nearby
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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
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Strip mall - Newer 8,125 SF strip center offers multiple retail suites, with white-box or tenant allowance options available.
Where is this strip mall located?
The property is located at 1350 N Maxine Ave Nixa, MO.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 8,125 SF newer strip center built in 2023 on a ±1.85‑acre lot in Nixa, MO; For sale at $1,700,000; price per SF listed as $207.95 (as‑is); Current leasing setup includes 2 units leased and 3 units available at 1,625 SF each (available SF: 1,625–4,875 SF)
