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Corporate-Guaranteed NNN Retail Property
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1495 STATE HWY 248, Branson, MO 65616

Two-tenant retail property with an occupied corporate-backed lease and additional vacant space.

Property Size24,698 SF
Lot Size1.68 Acres
Price / SF$117.42
Days on Market109

Property Features for 1495 STATE HWY 248

General Information

Standard status Active
Size 24,698 SF
Lot size 1.68 Acres
Property subtype Retail
Occupancy 100%
Lease Type NNN

Site & Location

Traffic Count 20,500 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Asking Price $2,900,000

Building Details

Year Built 2000
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Vinton Commercial Realty
Listed By: Chris Vinton · License #MO 2011009386
Source: Crexi
Added: Jul 21 Changed: Nov 3 Last Checked: Nov 4 at 1:36PM

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 Vinton Commercial Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The fee simple interest comprises a two-tenant retail building on 1.68 acres along State Highway 248 in Branson. Harbor Freight Tools occupies 15,000 SF under a corporate-guaranteed NNN lease with scheduled rent increases and five 5-year renewal options. Landlord obligations are limited to the roof and structure, while the remaining 8,500 SF is vacant.

The property fronts a corridor averaging more than 20,500 vehicles per day and lies 1.5 miles west of the US Highway 65 on/off ramps, where traffic averages 22,400 vehicles per day. It is positioned within Branson’s major retail corridor near Walmart Supercenter, Target, and The Home Depot.

Branson attracts more than 7.5 million visitors annually. The surrounding 5-mile trade area includes nearly 32,000 residents and more than 48,000 employees, while the 3-mile area reports average household income of $58,500.

Key Highlights

  • 15,000 SF occupied by Harbor Freight Tools under a corporate‑guaranteed NNN lease
  • 8,500 SF currently vacant within the two‑tenant building
  • 1.68‑acre fee simple retail property along State Highway 248

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$246,363
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,927,260 $4.9M
Cap Rate 7%
$3,519,471 $3.5M
Cap Rate 9%
$2,737,367 $2.7M
Market Conditions
NOI Build-Up for 24,698 SF
Gross rent
$370.5K $15.00/SF
− Vacancy
−$18.5K −$0.75/SF
EGI
$351.9K $14.25/SF
− OpEx
−$105.6K −$4.27/SF
NOI
$246.4K $9.98/SF
Area
Taney County, MO
Vacancy
5.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,927,260
Cap Rate 7%
$3,519,471
Cap Rate 9%
$2,737,367

Alternative Uses

Best Use
Retail
$3.52M
$3.08M – $4.11M (±1% cap)
NOI $246,363 @ 7.0% cap · market cap 8.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.83M
$4.22M – $5.63M (±1% cap)
NOI $337,869 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Harbor Freight Tools Building Supply

Suggested Use

Top Pick Big Box & Wholesale Store Garden Center HVAC Service Grocery & Convenience Store Plumbing Service Hair Salon

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

20,500 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

507
Businesses Nearby
146k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 49% Shops & Services 42% Home Improvements & Furnishings 9%
Hobby Lobby Shops & Services
34,732 visits/mo 0.2 miles
Culver's Dining
30,301 visits/mo 0.4 miles
McDonald's Dining
26,668 visits/mo 0.3 miles
Harbor Freight Tools Home Improvements & Furnishings
13,039 visits/mo 0.1 miles
Pizza Ranch Dining
11,911 visits/mo 0.3 miles

Demographics for 65616, MO

27,562
Population
16,419
Households
1.7
Avg Household Size
43
Median Age
30%
College-Educated
90%
High-School Grad
76.5 sq mi
ZIP Area
360
Density / Sq Mi
$60,253
Median Household Income
$29,892
Median Earnings
$975
Median Rent
$243,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
NNN property - Two-tenant retail property with an occupied corporate-backed lease and additional vacant space.
Where is this nnn property located?
The property is located at 1495 STATE HWY 248 Branson, MO.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 15,000 SF occupied by Harbor Freight Tools under a corporate‑guaranteed NNN lease; 8,500 SF currently vacant within the two‑tenant building; 1.68‑acre fee simple retail property along State Highway 248
(417) 334-9400 Call to check price and availability
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