Freestanding Restaurant on W.
For Sale
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2407 Green Mountain Dr, Branson, MO 65616
Freestanding restaurant on 1.53 acres in Branson, Missouri.
Property Size4,680 SF
Lot Size1.53 Acres
Price / SF$212.61
Days on Market1087
Property Features for 2407 Green Mountain Dr
General Information
Standard status
Active
Size
4,680 SF
Lot size
1.53 Acres
Property subtype
Retail
Zoning
ENT
Listing Agency:
SVN | Rankin Company, LLC
(417) 818-8894
Listed By:
Lee Mclean III, SIOR, CCIM · License #MO 2002005214
Source:
Crexi
Added: Aug 21, 2023
Changed: Aug 8
Last Checked: Aug 8 at 4:37AM
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, LLC
Investment Insights
Based on property information with market context.
This freestanding restaurant is situated on 1.53 acres along W. 76 Country BLVD in Branson, Missouri, an area that attracts approximately 8 to 9 million visitors annually. The restaurant has a current maximum occupancy of 205 indoors, with potential for limited outdoor seating. Some equipment and furniture will remain, including a walk-in freezer and cooler. The property is located on Green Mountain Dr, just off State Hwy 76, the busiest strip in Branson. Neighboring businesses include Long Horn Steakhouse, Tanger Outlets, Papa Johns, WonderWorks Amusement Park, Shoji Tabuchi Theater, Silver Dollar City and Pointe Royale Golf Club, Walmart, Aquarium at the Boardwalk, and over 10 hotels, along with numerous other local and national businesses. The building size is 4,680 square feet.
Key Highlights
- Freestanding restaurant on 1.53 acres on W. 76 Country BLVD.
- Located in a high‑traffic tourist area attracting millions of visitors.
- Maximum occupancy of 205 indoors with outdoor seating potential.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,309
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$946,180
$946.2K
Cap Rate 7%
$675,843
$675.8K
Cap Rate 9%
$525,656
$525.7K
Market Conditions
NOI Build-Up for 4,680 SF
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.
Gross rent
$65.7K $14.04/SF
− Vacancy
−$2.6K −$0.56/SF
EGI
$63.1K $13.48/SF
− OpEx
−$15.8K −$3.37/SF
NOI
$47.3K $10.11/SF
Area
Taney County, MO
Vacancy
4.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$946,180
Cap Rate 7%
$675,843
Cap Rate 9%
$525,656
Alternative Uses
Best Use
Specialty Retail
$675.8K
$591.4K – $788.5K
NOI $47,309 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$914.6K
$800.3K – $1.07M
NOI $64,022 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
616
Businesses Nearby
708k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 37%
Dining 30%
Superstores 24%
Beauty & Spa 4%
Walmart
Superstores
167,261 visits/mo
0.1 miles
7 Brew Coffee
Dining
59,989 visits/mo
0.1 miles
Under Armour Outlet
Apparel
45,597 visits/mo
0.5 miles
lululemon athletica
Apparel
39,125 visits/mo
0.5 miles
Krispy Kreme Doughnuts
Dining
37,288 visits/mo
0.2 miles
Demographics for 65616, MO
27,562
Population
16,419
Households
1.7
Avg Household Size
43
Median Age
30%
College-Educated
90%
High-School Grad
76.5 sq mi
ZIP Area
360
Density / Sq Mi
$60,253
Median Household Income
$29,892
Median Earnings
$975
Median Rent
$243,000
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?
Conventional restaurant - Freestanding restaurant on 1.53 acres in Branson, Missouri.
Where is this conventional restaurant located?
The property is located at 2407 Green Mountain Dr Branson, MO.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Freestanding restaurant on 1.53 acres on W. 76 Country BLVD.; Located in a high‑traffic tourist area attracting millions of visitors.; Maximum occupancy of 205 indoors with outdoor seating potential.
