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Renovated Grocery Store
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2414 N Belt Hwy, Saint Joseph, MO 64506

Natural Grocers occupies a fully reconstructed building under an absolute net lease with corporate backing.

Property Size26,770 SF
Lot Size3.19 Acres
Days on Market142

Property Features for 2414 N Belt Hwy

General Information

Standard status Active
Size 26,770 SF
Lot size 3.19 Acres
Property subtype Retail
Occupancy 100%

Site & Location

Traffic Count 44,800 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Built 1960
Year Renovated 2016
Buildings 1
Tenancy Single
Listing Agency: Marcus & Millichap - Kansas City
Listed By: Daniel Greenamyre · License #KS SP00236311
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 3:36PM

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 Marcus & Millichap - Kansas City

Investment Insights

Based on property information with market context.

The property includes a 26,770-square-foot grocery building on 3.19 acres. Originally constructed in 1960, the structure was fully reconstructed and converted to a Natural Grocers store in 2016. The asset serves as an operating grocery location within the convenience-store and specialty-retail category.

An absolute net lease has more than 13 years remaining and includes a corporate guarantee. The lease provides for a rent escalation in year 11 and additional increases every five years during each of four option periods. Landlord responsibilities are stated as zero under the lease structure.

The property is located at 2414 N Belt Hwy in Saint Joseph, Missouri, along North Belt Highway, identified as U.S. HWY 169. The highway carries more than 44,800 cars per day.

Key Highlights

  • 26,770‑square‑foot grocery building on 3.19 acres
  • Fully reconstructed in 2016 for Natural Grocers
  • More than 13 years remaining on an absolute net lease

Property Analytics

Current Use

Natural Grocers Grocery & Convenience Store

Suggested Use

Top Pick Kitchen & Bath Showroom Bakery (Bike/Boat/Book/etc) Store Daycare Center HVAC Service Hotel & Motel

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

44,800 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

739
Businesses Nearby
Under-served
Demand for This Use

Demographics for 64506, MO

22,828
Population
9,820
Households
2.3
Avg Household Size
42
Median Age
33%
College-Educated
91%
High-School Grad
10.0 sq mi
ZIP Area
2,283
Density / Sq Mi
$61,713
Median Household Income
$38,832
Median Earnings
$908
Median Rent
$220,500
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
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Similar Off Market Nearby

  • Cosentino's Price Chopper 2219 N Belt Hwy, St Joseph, MO 64506
  • Ray's Green Hills Super Market 3225 N Belt Hwy, St Joseph, MO 64506

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Natural Grocers occupies a fully reconstructed building under an absolute net lease with corporate backing.
Where is this grocery and convenience store located?
The property is located at 2414 N Belt Hwy Saint Joseph, MO.
What are key features of this property?
This property features: 26,770‑square‑foot grocery building on 3.19 acres; Fully reconstructed in 2016 for Natural Grocers; More than 13 years remaining on an absolute net lease
(816) 410-1010 Call to check price and availability
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