689 S Monroe St Lebanon, MO 65536

Building Details

Year Built

1969

Listing agency SVN | Rankin Company, LLC j***@svn.com Show Phone

Listed by Jeff Childs SIOR CCIM · License #MO 1999029641

Source Crexi

Added: Apr 1 Updated: Jul 20 at 11:44PM Checked: Jul 21 at 4:05AM

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Investment Insights

Based on property information with market context.

This 55,000 SF strip center is being offered for sale and includes stable in-place income. El Charro occupies 3,848 SF and is expected to remain in place. For the remaining space, the seller intends to complete a sale-leaseback, with base rent stated at $20,500 per month, plus income from the existing tenant.

The sale-leaseback is described with a 3-year minimum term and 2% annual increases in base rent. The property is located at 689 S Monroe St in Lebanon, MO 65536.

Key Highlights

• 55,000 SF strip center built in 1969 offered for sale for $3,000,000
• El Charro currently occupies 3,848 SF and will remain after sale
• Sale‑leaseback planned for the remaining space at $20,500/month base rent

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FAQs

What type of property is this?

Strip mall - 55,000 SF strip center offering stable income, with El Charro continuing and a sale-leaseback planned for remaining space.

Where is this strip mall located?

The property is located at 689 S Monroe St Lebanon, MO.

What is the asking price?

The asking price for this property is $3,000,000.

What are key features of this property?

This property features: 55,000 SF strip center built in 1969 offered for sale for $3,000,000; El Charro currently occupies 3,848 SF and will remain after sale; Sale‑leaseback planned for the remaining space at $20,500/month base rent