3110 36Th St Joplin, MO 64804
This exceptional investment opportunity presents a 6,205-square-foot Outback Steakhouse in Joplin, Missouri. Located on a 1.52-acre lot at 3110 E 36th St, 64804, this property boasts an absolute NNN lease with a corporate guarantee from Bloomin' Brands, offering ±12.4 years remaining on the primary term with three, 5-year renewal options. The lease includes attractive 1.8% annual rent increases, generating a strong NOI of $173,011 and a 6.35% cap rate. The asking price is $2,724,600 ($439.10/sq ft). This prime location enjoys excellent visibility and access along East 36th Street, near its intersection with South Rangeline Road and Interstate 44. It's strategically positioned as an outparcel to a Sam's Club, surrounded by numerous hotels, restaurants, and national retailers, including a major shopping mall within a 10-minute drive. The area features a high concentration of retail, office, industrial, and multifamily units within a 3-mile radius, ensuring consistent traffic and strong tenant demand. Built in 2001, this property represents a secure, high-performing investment with significant long-term potential. The property is currently 100% occupied.
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Outback Steakhouse Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.