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Multi-Tenant Retail Center
New
For Sale
$1,630,000

165 Southtowne Boulevard, Hollister, MO 65672

Commercial Sale, Hollister, MO

Property Size10,500 SF
Lot Size1.60 Acres
Price / SF$155.24
Days on Market1

Property Features for 165 Southtowne Boulevard

General Information

Property type Commercial Sale
Property subtype Retail
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 2, Bathroom 5
Subdivision Southtowne Center
View City
Directions Turn off Hwy 65 @ Hollister (College of the Ozarks) intersection, go east under Hwy 65, turn left @ Walgreens stop light, turn left on Southtowne Blvd, property on left.
Standard status Active
APN 17-4.0-17-000-000-003.009
Lot size 1.60 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description SOUTHTOWNE CENTER LT 1; CITY OF HOLLISTER
Tax Annual Amount 11056
Legal Description SOUTHTOWNE CENTER LT 1; CITY OF HOLLISTER

Utilities

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

Building Details

Year built 2001
Roof type Metal
Listing Agency: Murney Associates - Primrose
Listed By: Galen B Pellham · License #MO1999033935
Added: Nov 2 Last Checked: Nov 2 at 10:06AM
MLS# 60337086

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Southtowne Retail Center is a 10,500-square-foot retail property on approximately 1.6 acres. Constructed in 2001, the center is zoned CR and includes restaurant and retail tenants: El Patio Restaurant, Vapor 100, and Magnolia Rose Boutique. A new metal roof and recent mechanical work are among the property’s improvements.

The property is at 165 Southtowne Boulevard in Hollister, near Highway 65, the College of the Ozarks intersection, and Hollister Industrial Park. The tenant spaces include a 4,500-square-foot restaurant and four 1,500-square-foot retail bays. Magnolia Rose Boutique’s leases begin January 1, 2027, and extend through 2032; the other current leases run through late 2028.

Key Highlights

  • 10,500‑square‑foot retail center on approximately 1.6 acres
  • Built in 2001; zoned CR
  • Tenant mix includes El Patio Restaurant, Vapor 100, and Magnolia Rose Boutique

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$104,738
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,094,760 $2.1M
Cap Rate 7%
$1,496,257 $1.5M
Cap Rate 9%
$1,163,756 $1.2M
Market Conditions
NOI Build-Up for 10,500 SF
Gross rent
$157.5K $15.00/SF
− Vacancy
−$7.9K −$0.75/SF
EGI
$149.6K $14.25/SF
− OpEx
−$44.9K −$4.27/SF
NOI
$104.7K $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%
$2,094,760
Cap Rate 7%
$1,496,257
Cap Rate 9%
$1,163,756

Alternative Uses

Best Use
Retail
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $104,738 @ 7.0% cap · market cap 6.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.05M
$1.80M – $2.39M (±1% cap)
NOI $143,640 @ 7.0% cap · market cap 8.81%
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

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Storage Facility Furniture & Home Goods (Bike/Boat/Book/etc) Store

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
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

388
Businesses Nearby
230k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 35% Home Improvements & Furnishings 33% Dining 32%
Menards Home Improvements & Furnishings
42,378 visits/mo 0.4 miles
Kum & Go Shops & Services
41,694 visits/mo 0.3 miles
McDonald's Dining
28,271 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
22,047 visits/mo 0.1 miles
SONIC Drive In Dining
20,876 visits/mo 0.1 miles

Demographics for 65672, MO

8,548
Population
4,696
Households
1.8
Avg Household Size
43
Median Age
26%
College-Educated
93%
High-School Grad
57.0 sq mi
ZIP Area
150
Density / Sq Mi
$60,407
Median Household Income
$29,235
Median Earnings
$878
Median Rent
$172,600
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

Similar Off Market Nearby

  • Gigglin Sister's Chatuea #1 — 486 Cedar Hills Estate, Hollister, MO 65672

Frequently Asked Questions

What type of property is this?
Shopping center - A 10,500-square-foot center combines restaurant and retail tenancy with Highway 65 access.
Where is this shopping center located?
The property is located at 165 Southtowne Boulevard Hollister, MO.
What is the asking price?
The asking price for this property is $1,630,000.
What are key features of this property?
This property features: 10,500‑square‑foot retail center on approximately 1.6 acres; Built in 2001; zoned CR; Tenant mix includes El Patio Restaurant, Vapor 100, and Magnolia Rose Boutique
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