New Retail Strip
New
For Sale
$1,900,000
911 West Center Street, Rogersville, MO 65742
New retail strip center under construction includes two available units that may be combined.
Property Size10,500 SF
Lot Size1.52 Acres
Price / SF$180.95
Days on Market5
Property Features for 911 West Center Street
General Information
Standard status
Active
Size
10,500 SF
Lot size
1.52 Acres
Property subtype
Retail - Street Retail
Building Details
Building Size
10,500 SF
Year Built
2023
Listing Agency:
SVN | Rankin Company
(417) 818-8894
Listed By:
Lee McLean III, SIOR, CCIM
Source:
Commercialcafe
Added: Jul 26
Changed: Jul 27
Last Checked: Jul 30 at 2:36AM
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 SVN | Rankin Company
Investment Insights
Based on property information with market context.
A new retail strip center is being developed with two available units, each offering 1,750 SF and both capable of being combined into a larger space. The property is being constructed as part of a broader development that includes hundreds of apartments and other residential units.
The site is located at 911 West Center Street and Farm Rd 249 in Rogersville, MO. Neighboring businesses include Kingdom Fitness, Wildcat Pride Automotive, Storytime Coffee Co, and Citizens Bank of Rogersville, among many other local and national operators.
The landlord will provide white-box or an allowance for tenant improvements. The listing lease rate is identified as a first-year introductory rate that increases over the term based on qualified tenant and full lease terms.
The site is located at 911 West Center Street and Farm Rd 249 in Rogersville, MO. Neighboring businesses include Kingdom Fitness, Wildcat Pride Automotive, Storytime Coffee Co, and Citizens Bank of Rogersville, among many other local and national operators.
The landlord will provide white-box or an allowance for tenant improvements. The listing lease rate is identified as a first-year introductory rate that increases over the term based on qualified tenant and full lease terms.
Key Highlights
- New retail strip center under construction in Rogersville, MO (Logan Estates Development), with 2 units available.
- Total strip center size: 10,500 SF on a ±1.52‑acre lot.
- Two available units are 1,750 SF each; units may be combined for a larger space.
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 | $115.9k | $11.04 |
| − Vacancy | −$4.3k | −$0.41 |
| EGI | $111.6k | $10.63 |
| − OpEx | −$33.5k | −$3.19 |
| NOI | $78.1k | $7.44 |
10,500 SF · lease $11.04/SF/yr · vacancy 3.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.12M
$976.8K – $1.30M
NOI $78,142 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.58M
$1.39M – $1.85M
NOI $110,935 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
Explore this area
Business Placement
Demographics for 65742, MO
12,807
Population
5,589
Households
2.3
Avg Household Size
40
Median Age
29%
College-Educated
94%
High-School Grad
118.5 sq mi
ZIP Area
108
Density / Sq Mi
$75,391
Median Household Income
$41,981
Median Earnings
$829
Median Rent
$276,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - New retail strip center under construction includes two available units that may be combined.
Where is this strip mall located?
The property is located at 911 West Center Street Rogersville, MO.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: New retail strip center under construction in Rogersville, MO (Logan Estates Development), with 2 units available.; Total strip center size: 10,500 SF on a ±1.52‑acre lot.; Two available units are 1,750 SF each; units may be combined for a larger space.
