Corporate-Guaranteed NNN Retail
For Sale
Contact for pricing
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 Market16
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
(417) 334-9400
Listed By:
Chris Vinton · License #MO 2011009386
Source:
Crexi
Added: Jul 21
Changed: Aug 3
Last Checked: Aug 4 at 1:17PM
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
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.
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 For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $370.5k | $15.00 |
| − Vacancy | −$18.5k | −$0.75 |
| EGI | $351.9k | $14.25 |
| − OpEx | −$105.6k | −$4.27 |
| NOI | $246.4k | $9.98 |
24,698 SF · lease $15.00/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.52M
$3.08M – $4.11M
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
NOI $337,869 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
