Multi-Tenant Center Near
3323 E 32nd St Joplin, MO 64804
For Sale
Contact for pricing
7,500 SF multi-tenant center with available spaces.
Property Size7,500 SF
Lot Size2.64 Acres
Price / SF$266.67
Days on Market1716
Property Features for 3323 E 32nd St
General Information
- Standard status
- Active
- Size
- 7,500 SF
- Lot size
- 2.64 Acres
- Property subtype
- Retail
Listing Agency:
Woodsonia Real Estate Group
Listed By:
Mitch Hohlen · License #20201358
Source:
Crexi
Added: Nov 11, 2021
Changed: Jul 6
Last Checked: Jul 22 at 11:10AM
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 Woodsonia Real Estate Group
Investment Insights
Based on property information with market context.
This 7,500 square foot multi-tenant center offers available spaces ranging from 1,500 to 4,500 square feet. The property is situated on a 2.64 acre lot. It is positioned adjacent to a 90,000 square foot Menard's store, scheduled to open in 2023. The location benefits from traffic counts of 32,000 vehicles per day on Rangeline and 16,000 vehicles per day on 32nd Street.
Key Highlights
- Adjacent to a new 90,000 SF Menard's store opening in 2023
- High traffic location: 32,000 VPD on Rangeline
- Multi‑tenant center with 1,500 - 4,500 SF available
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 | $105.3k | $14.04 |
| − Vacancy | −$4.2k | −$0.56 |
| EGI | $101.1k | $13.48 |
| − OpEx | −$30.3k | −$4.04 |
| NOI | $70.8k | $9.43 |
7,500 SF · lease $14.04/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.01M
$884.5K – $1.18M
NOI $70,762 @ 7.0% cap · market cap 3.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.26M
$1.98M – $2.64M
NOI $158,400 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bowman Enterprises, Inc.
Industrial Consultant
Natures Systems LLC
Home Appliance Store
Stan Bowman Construction ...
Construction Company
FAQs
What type of property is this?
Shopping center - 7,500 SF multi-tenant center with available spaces.
Where is this shopping center located?
The property is located at 3323 E 32nd St Joplin, MO.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Adjacent to a new 90,000 SF Menard's store opening in 2023; High traffic location: 32,000 VPD on Rangeline; Multi‑tenant center with 1,500 - 4,500 SF available
