Corner Shopping
For Sale
$2,850,000
800 E Aldrich Rd, Bolivar, MO 65613
Corner retail property with established tenants and an adjoining vacant parcel near university and Walmart development.
Property Size33,970 SF
Lot Size5.57 Acres
Price / SF$83.90
Days on Market80
Property Features for 800 E Aldrich Rd
General Information
Standard status
Active
Size
33,970 SF
Net Rentable
33,970 SF
Lot size
5.57 Acres
Property subtype
Commercial
Additional Details
Highway Access
Yes
Building Details
Year Built
1995
Tenancy
Multi
Listing Agency:
Platinum Estates Realty Inc
Listed By:
Mariah Stone
(417) 599-0881
Source:
Trilakeshomesearch
Added: Aug 2
Changed: Oct 1
Last Checked: Oct 19 at 7:02AM
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 Platinum Estates Realty Inc
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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.
This shopping center contains approximately 33,970 SF of gross leasable area across 11 units, with 8,985 SF currently available. Constructed in 1995, the property includes an adjoining approximately 1.13-acre vacant lot within a total site area of approximately 5.57 acres. Existing occupants include Maurices, U.S. Army, C&K Gaming, and B&B Theatres, providing a varied retail, service, entertainment, and commercial mix.
The center occupies the southwest corner of Highway 83, also identified as Springfield Road, and Aldrich Road in Bolivar. Its setting between Southwest Baptist University and the Walmart development places the property within an established retail corridor surrounded by residential, university, entertainment, and commercial activity.
The center occupies the southwest corner of Highway 83, also identified as Springfield Road, and Aldrich Road in Bolivar. Its setting between Southwest Baptist University and the Walmart development places the property within an established retail corridor surrounded by residential, university, entertainment, and commercial activity.
Key Highlights
- Approximately 33,970 SF of gross leasable area
- 8,985 SF currently available across an 11‑unit center
- Approximately 5.57 acres, including an adjoining approximately 1.13‑acre vacant lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$252,807
Cap Rate
8.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,056,140
$5.1M
Cap Rate 7%
$3,611,529
$3.6M
Cap Rate 9%
$2,808,967
$2.8M
Market Conditions
NOI Build-Up for 33,970 SF
Gross rent
$375.0K $11.04/SF
− Vacancy
−$13.9K −$0.41/SF
EGI
$361.2K $10.63/SF
− OpEx
−$108.3K −$3.19/SF
NOI
$252.8K $7.44/SF
Area
Polk County, MO
Vacancy
3.70%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,056,140
Cap Rate 7%
$3,611,529
Cap Rate 9%
$2,808,967
Alternative Uses
Best Use
Retail
$3.61M
$3.16M – $4.21M
NOI $252,807 @ 7.0% cap · market cap 8.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.13M
$4.49M – $5.98M
NOI $358,903 @ 7.0% cap · market cap 12.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
367
Businesses Nearby
99k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 24%
Home Improvements & Furnishings 12%
Apparel 6%
Taco Bell
Dining
17,423 visits/mo
0.3 miles
Dollar Tree
Shops & Services
13,080 visits/mo
0.4 miles
Westlake Ace Hardware
Home Improvements & Furnishings
12,132 visits/mo
0.4 miles
Burger King
Dining
10,313 visits/mo
0.3 miles
Arby's
Dining
10,026 visits/mo
0.3 miles
Demographics for 65613, MO
17,890
Population
7,327
Households
2.4
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
184.9 sq mi
ZIP Area
97
Density / Sq Mi
$56,919
Median Household Income
$31,765
Median Earnings
$828
Median Rent
$197,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Shopping center - Corner retail property with established tenants and an adjoining vacant parcel near university and Walmart development.
Where is this shopping center located?
The property is located at 800 E Aldrich Rd Bolivar, MO.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Approximately 33,970 SF of gross leasable area; 8,985 SF currently available across an 11‑unit center; Approximately 5.57 acres, including an adjoining approximately 1.13‑acre vacant lot
